Daycare Centers Market: ZIP 20833
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20833 is an urban area with moderate foot traffic. with a population of 7,868 and household incomes well above the national median ($203,631).
Area Profile
7,868
Population
$203,631
Median Income
+173% vs. national
Urban
Area Type
10.4/20
Foot Traffic
Walkable
Median Age: 47.5 —
older demographic, may prefer sit-down options.
College-Educated: 44.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,700
2BR Fair Market Rent
$2,254
Median Gross Rent
$760 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 $203,631. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
+173% vs. $74,580
Walkability
-0.1 pts vs. national avg
Nearby Markets
21737
3.5 mi
Pop: 2,384
$250,001
Walk: 6.8
20862
3.7 mi
Pop: 393
$242,721
Walk: 7.2
21036
4.1 mi
Pop: 2,162
$170,313
Walk: 7.2
20832
4.3 mi
Pop: 25,766
$166,892
Walk: 13.6
20860
4.5 mi
Pop: 2,062
Walk: 14.9
21738
5.4 mi
Pop: 3,668
$230,429
20861
6.1 mi
Pop: 3,020
$176,094
20777
6.8 mi
Pop: 3,046
$218,808
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