DaycareCalc
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Home ZIP 23841

Daycare Centers Market: ZIP 23841

Opportunity Score
58 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 23841 is an urban area. with a population of 2,938 and household incomes near the national median ($68,487).

Area Profile

2,938
Population
$68,487
Median Income
-8% vs. national
Urban
Area Type
Median Age: 44.8 — older demographic, may prefer sit-down options.
College-Educated: 26.9% — balanced market for quality & value.

Operating Costs

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

$1,620
2BR Fair Market Rent
$1,252
Median Gross Rent
$260 K
Median Home Value
2
Bank Branches
$100 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits