Daycare Centers Market: ZIP 29516
Opportunity Score
20
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 29516 is an rural area. with a population of 823 and household incomes below the national median ($47,125).
Area Profile
823
Population
$47,125
Median Income
-37% vs. national
Rural
Area Type
Median Age: 28.5 —
young market, strong street food demand.
College-Educated: 2.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,140
2BR Fair Market Rent
$863
Median Gross Rent
Tips for Starting a Daycare Business in South Carolina
- 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-37% vs. $74,580
Nearby Markets
29565
9.9 mi
Pop: 6,460
$41,589
Walk: 3.5
29525
10.8 mi
Pop: 1,822
$29,625
29594
13.9 mi
Pop: 140
Walk: 4.5
29512
14.1 mi
Pop: 17,408
$39,515
Walk: 6.8
29567
15.0 mi
Pop: 532
$28,750
Walk: 3.6
29536
16.8 mi
Pop: 15,825
$43,637
29540
16.8 mi
Pop: 3,596
$43,654
Walk: 6.2
29593
17.1 mi
Pop: 1,756
$39,688
Walk: 3.8
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