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Daycare Centers Market: ZIP 24019

Opportunity Score

56 / 100 Fair

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

Market Summary

ZIP 24019 is an urban area with low foot traffic. with a population of 28,615 and household incomes above the national median ($75,329). There are 7 daycare centers operations in ZIP 24019.

Area Profile

28,615

Population

$75,329

Median Income

+1% vs. national

Urban

Area Type

8.7/20

Foot Traffic

Car-Dependent

Median Age: 45.1 — older demographic, may prefer sit-down options.

College-Educated: 22.9% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 24019.

Daycare Centers

Moderate — proven market

2.4 per 10K residents

Schools

1.4 per 10K residents

What this means: Daycare Centers are 63.6% of the relevant market in ZIP 24019 (7 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,340

2BR Fair Market Rent

$1,207

Median Gross Rent

$240 K

Median Home Value

Bank Branches

$230 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.