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Daycare Costs Near Norfolk, VA (23505)

Opportunity Score

53 / 100 Fair

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

Market Summary

ZIP 23505 is an urban area. with a population of 28,983 and household incomes near the national median ($55,678). There are 8 daycare centers operations in ZIP 23505.

Area Profile

28,983

Population

$55,678

Median Income

-25% vs. national

Urban

Area Type

Median Age: 31.9 — mixed-age market, broad menu appeal.

College-Educated: 19.8% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 23505.

Daycare Centers

Moderate — proven market

2.8 per 10K residents

Schools

1.0 per 10K residents

What this means: Daycare Centers are 72.7% of the relevant market in ZIP 23505 (8 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,279

Median Gross Rent

$320 K

Median Home Value

Bank Branches

$210 K deposits

Childcare Assistance in Virginia

Families in ZIP 23505 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.

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