Daycare Centers Market: ZIP 23708
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23708 is an urban area with high foot traffic.
Area Profile
316
Population
Urban
Area Type
16.0/20
Foot Traffic
Very Walkable
Median Age: 22.7 —
young market, strong street food demand.
College-Educated: 3.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,640
2BR Fair Market Rent
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
- Very Walkable
vs. National Average
Walkability
+5.5 pts vs. national avg
Nearby Markets
23510
0.9 mi
Pop: 9,240
$75,621
Walk: 14.3
23507
1.2 mi
Pop: 6,515
$107,650
23704
1.5 mi
Pop: 19,235
$44,739
Walk: 14.2
23517
1.7 mi
Pop: 4,550
$63,556
Walk: 15.8
23709
2.1 mi
Pop: 503
Walk: 14.0
23523
2.4 mi
Pop: 7,698
$37,189
Walk: 13.7
23707
2.5 mi
Pop: 14,311
$51,070
Walk: 12.3
23508
2.6 mi
Pop: 20,119
$74,524
Walk: 13.5
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