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Daycare Costs Near Richmond, VA (23227)

Opportunity Score

60 / 100 Good

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

Market Summary

ZIP 23227 is an urban area. with a population of 25,574 and household incomes near the national median ($70,537). There are 9 daycare centers operations in ZIP 23227.

Area Profile

25,574

Population

$70,537

Median Income

-5% vs. national

Urban

Area Type

Median Age: 43.5 — older demographic, may prefer sit-down options.

College-Educated: 34.8% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 23227.

Daycare Centers

Moderate — proven market

3.5 per 10K residents

Schools

2.7 per 10K residents

What this means: Daycare Centers are 56.3% of the relevant market in ZIP 23227 (9 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,306

Median Gross Rent

$330 K

Median Home Value

Bank Branches

$160 K deposits

Childcare Assistance in Virginia

Families in ZIP 23227 may qualify for state-funded childcare subsidies through Virginia's CCDF program. Income limits and copays vary by county.

Check Virginia 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.

Calculate your tax savings ›