Daycare Centers Market: ZIP 23605
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23605 is an urban area with moderate foot traffic. with a population of 13,334 and household incomes near the national median ($52,899). There are 4 daycare centers operations in ZIP 23605.
Area Profile
13,334
Population
$52,899
Median Income
-29% vs. national
Urban
Area Type
13.0/20
Foot Traffic
Walkable
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 11.8% —
value-focused market, keep prices competitive.
Competition
Daycare Centers and related businesses in ZIP 23605.
4
Daycare Centers
Low competition — room to establish
3.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,430
2BR Fair Market Rent
$1,187
Median Gross Rent
$180 K
Median Home Value
1
Bank Branches
$57 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
- Foot Traffic
- Walkable
- Daycare Centers
- 4
- Bank Branches
- 1
vs. National Average
Median Income
-29% vs. $74,580
Walkability
+2.5 pts vs. national avg
Nearby Markets
23601
3.3 mi
Pop: 26,557
$71,345
Walk: 12.7
23666
3.3 mi
Pop: 53,226
$70,798
Walk: 11.1
23607
3.4 mi
Pop: 23,028
$42,904
Walk: 13.0
23661
4.8 mi
Pop: 14,141
$66,760
Walk: 13.2
23606
6.4 mi
Pop: 29,899
$69,921
Walk: 11.1
23681
6.5 mi
Pop: 0
Walk: 7.5
23668
6.8 mi
Pop: 752
23665
6.9 mi
Pop: 6,071
$74,974
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