Daycare Centers Market: ZIP 20776
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20776 is an urban area. with a population of 3,354 and household incomes well above the national median ($122,440).
Area Profile
3,354
Population
$122,440
Median Income
+64% vs. national
Urban
Area Type
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 25.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,300
2BR Fair Market Rent
$590 K
Median Home Value
Tips for Starting a Daycare Business in Maryland
- Licensing comes first. State childcare licensing takes 3-6 months in most states. Start that paperwork before you sign a lease.
- Staff-to-child ratios are set by law and they dictate your entire cost structure. Know your state's ratios before building a financial model.
- Location matters more than marketing. Parents pick daycares within 10 minutes of home or work. Proximity to commuter routes beats a nice website.
- Insurance costs $3,000-$10,000/year depending on your state and capacity. Get quotes early. Some carriers won't cover home-based operations.
- The median income here is $122,440. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+64% vs. $74,580
Nearby Markets
20778
3.7 mi
Pop: 2,243
$177,083
Walk: 6.7
20765
3.8 mi
Pop: 631
$131,023
21037
4.4 mi
Pop: 20,851
$135,541
Walk: 6.2
21035
4.8 mi
Pop: 7,787
$176,597
21140
5.0 mi
Pop: 4,231
$152,188
Walk: 8.3
20751
6.2 mi
Pop: 2,552
$122,448
Walk: 7.9
20711
6.5 mi
Pop: 7,629
$98,517
20733
6.5 mi
Pop: 2,780
$132,955
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits