DaycareCalc
Showing results for ZIP 56264 (MN)
Home ZIP 24635

Daycare Centers Market: ZIP 24635

Opportunity Score
16 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 24635 is an suburban area with low foot traffic. with a population of 836 and household incomes below the national median ($40,556).

Area Profile

836
Population
$40,556
Median Income
-46% vs. national
Suburban
Area Type
3.3/20
Foot Traffic
Very Car-Dependent
Median Age: 42.0 — older demographic, may prefer sit-down options.
College-Educated: 3.3% — value-focused market, keep prices competitive.

Operating Costs

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

$850
2BR Fair Market Rent
$725
Median Gross Rent
$50 K
Median Home Value

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.
  • Median income sits at $40,556. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Suburban
Foot Traffic
Very Car-Dependent

vs. National Average

Median Income
-46% vs. $74,580
Walkability
-7.2 pts vs. national avg

Check Another Market

Or estimate costs with the DaycareCalc calculator.

Data sources

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