DaycareCalc
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Home ZIP 01002

Daycare Centers Market: ZIP 01002

Opportunity Score
59 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01002 is an urban area with moderate foot traffic. with a population of 24,726 and household incomes near the national median ($69,411). There are 10 daycare centers operations in ZIP 01002.

Area Profile

24,726
Population
$69,411
Median Income
-7% vs. national
Urban
Area Type
10.3/20
Foot Traffic
Walkable
Median Age: 27.0 — young market, strong street food demand.
College-Educated: 38.4% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 01002.

10
Daycare Centers
Moderate — proven market
4.0 per 10K residents

Operating Costs

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

$1,910
2BR Fair Market Rent
$1,561
Median Gross Rent
$450 K
Median Home Value
9
Bank Branches
$1.2 M deposits

Tips for Starting a Daycare Business in Massachusetts

  • 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.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Daycare Centers
10
Bank Branches
9

vs. National Average

Median Income
-7% vs. $74,580
Walkability
-0.2 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