Daycare Centers Market: ZIP 23062
Opportunity Score
34
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23062 is an urban area. with a population of 1,862 and household incomes below the national median ($49,637).
Area Profile
1,862
Population
$49,637
Median Income
-33% vs. national
Urban
Area Type
Median Age: 51.8 —
older demographic, may prefer sit-down options.
College-Educated: 22.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,100
Median Gross Rent
$260 K
Median Home Value
1
Bank Branches
$39 K deposits
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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-33% vs. $74,580
Nearby Markets
23690
3.0 mi
Pop: 4,948
$102,417
Walk: 5.7
23072
4.5 mi
Pop: 13,069
$71,886
Walk: 6.1
23691
4.5 mi
Pop: 492
Walk: 7.8
23603
6.3 mi
Pop: 3,428
$85,762
Walk: 7.2
23692
6.9 mi
Pop: 19,208
$106,668
Walk: 6.4
23696
7.8 mi
Pop: 3,987
$138,409
Walk: 5.8
23608
8.3 mi
Pop: 43,841
$67,556
Walk: 9.9
23693
10.1 mi
Pop: 23,208
$116,528
Walk: 6.5
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