Daycare Centers Market: ZIP 20892
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20892 is an urban area.
Area Profile
0
Population
Urban
Area Type
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.
Quick Facts
- Area Type
- Urban
Nearby Markets
20814
0.3 mi
Pop: 30,822
$150,401
Walk: 15.4
20894
0.3 mi
Pop: 0
Walk: 13.3
20889
1.2 mi
Pop: 210
20815
2.1 mi
Pop: 31,269
$198,243
Walk: 14.9
20896
2.5 mi
Pop: 890
$250,001
Walk: 12.9
20895
2.6 mi
Pop: 19,042
$169,527
Walk: 14.9
20816
3.2 mi
Pop: 18,081
$231,284
Walk: 14.3
20817
3.3 mi
Pop: 37,738
$240,104
Walk: 12.6
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