DaycareCalc
Showing results for ZIP 62254 (IL)
Home ZIP 23038

Daycare Centers Market: ZIP 23038

Opportunity Score
42 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 23038 is an urban area. with a population of 1,487 and household incomes near the national median ($74,318).

Area Profile

1,487
Population
$74,318
Median Income
+0% vs. national
Urban
Area Type
Median Age: 57.1 — older demographic, may prefer sit-down options.
College-Educated: 29.5% — balanced market for quality & value.

Operating Costs

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

$1,520
2BR Fair Market Rent
$1,469
Median Gross Rent
$350 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.

Data sources

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