DaycareCalc
Showing results for ZIP 26408 (WV)
Home ZIP 22724

Daycare Centers Market: ZIP 22724

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 22724 is an urban area. with a population of 2,416 and household incomes well above the national median ($165,714).

Area Profile

2,416
Population
$165,714
Median Income
+122% vs. national
Urban
Area Type
Median Age: 38.5 — mixed-age market, broad menu appeal.
College-Educated: 29.5% — balanced market for quality & value.

Operating Costs

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

$1,730
2BR Fair Market Rent
$500 K
Median Home Value

Tips for Starting a Daycare Business in Virginia

  • 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 $165,714. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits