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Daycare Costs Near Hagerstown, MD (21740)

Opportunity Score

53 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 21740 is an urban area. with a population of 63,140 and household incomes near the national median ($59,410). There are 7 daycare centers operations in ZIP 21740.

Area Profile

63,140

Population

$59,410

Median Income

-20% vs. national

Urban

Area Type

Median Age: 38.8 — mixed-age market, broad menu appeal.

College-Educated: 13.9% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 21740.

Daycare Centers

Moderate — proven market

1.1 per 10K residents

Schools

0.8 per 10K residents

What this means: Daycare Centers are 58.3% of the relevant market in ZIP 21740 (7 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,031

Median Gross Rent

$240 K

Median Home Value

Bank Branches

$2 M deposits

Childcare Assistance in Maryland

Families in ZIP 21740 may qualify for state-funded childcare subsidies through Maryland's CCDF program. Income limits and copays vary by county.

Check Maryland subsidy eligibility ›

Already Getting a Subsidy? See How Much More You Can Save

The federal dependent care credit and Dependent Care FSA stack on top of subsidies. Most families save an additional $600–$2,100/year — in 10 seconds.

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