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Daycare Centers Market: ZIP 01104

Opportunity Score

52 / 100 Fair

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

Market Summary

ZIP 01104 is an urban area with moderate foot traffic. with a population of 21,745 and household incomes below the national median ($47,530). There are 4 daycare centers operations in ZIP 01104.

Area Profile

21,745

Population

$47,530

Median Income

-36% vs. national

Urban

Area Type

14.1/20

Foot Traffic

Very Car-Dependent

Median Age: 34.6 — mixed-age market, broad menu appeal.

College-Educated: 8.1% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 01104.

Daycare Centers

Low competition — room to establish

1.8 per 10K residents

Operating Costs

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

$1,550

2BR Fair Market Rent

$1,004

Median Gross Rent

$210 K

Median Home Value

Bank Branches

$380 K 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.