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Daycare Costs Near Hopewell, VA (23860)

Opportunity Score

52 / 100 Fair

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

Market Summary

ZIP 23860 is an urban area. with a population of 31,432 and household incomes near the national median ($55,104). There are 7 daycare centers operations in ZIP 23860.

Area Profile

31,432

Population

$55,104

Median Income

-26% vs. national

Urban

Area Type

Median Age: 38.3 — mixed-age market, broad menu appeal.

College-Educated: 9.7% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 23860.

Daycare Centers

Moderate — proven market

2.2 per 10K residents

Schools

1.6 per 10K residents

What this means: Daycare Centers are 58.3% of the relevant market in ZIP 23860 (7 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,103

Median Gross Rent

$190 K

Median Home Value

Bank Branches

$370 K deposits

Childcare Assistance in Virginia

Families in ZIP 23860 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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