DaycareCalc
Showing results for ZIP 24590 (VA)
Home ZIP 50702

Daycare Centers Market: ZIP 50702

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 50702 is an urban area with low foot traffic. with a population of 21,197 and household incomes near the national median ($59,784). There are 4 daycare centers operations in ZIP 50702.

Area Profile

21,197
Population
$59,784
Median Income
-20% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 36.0 — mixed-age market, broad menu appeal.
College-Educated: 13.6% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 50702.

4
Daycare Centers
Low competition — room to establish
1.9 per 10K residents
8
Schools
3.8 per 10K residents
What this means: Daycare Centers are 33.3% of the relevant market in ZIP 50702 (4 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$980
2BR Fair Market Rent
$926
Median Gross Rent
$150 K
Median Home Value
4
Bank Branches
$300 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Daycare Centers
4
Related Businesses
8
Bank Branches
4

vs. National Average

Median Income
-20% vs. $74,580
Walkability
-2.4 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