Daycare Centers Market: ZIP 01523
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01523 is an urban area. with a population of 8,470 and household incomes well above the national median ($130,444).
Area Profile
8,470
Population
$130,444
Median Income
+75% vs. national
Urban
Area Type
Median Age: 42.7 —
older demographic, may prefer sit-down options.
College-Educated: 38.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,670
2BR Fair Market Rent
$1,985
Median Gross Rent
$470 K
Median Home Value
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.
- The median income here is $130,444. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+75% vs. $74,580
Nearby Markets
01561
2.8 mi
Pop: 0
Walk: 6.7
01510
5.0 mi
Pop: 15,430
$93,849
Walk: 9.1
01434
5.4 mi
Pop: 1,889
$109,651
01740
5.9 mi
Pop: 5,698
$198,475
Walk: 6.0
01453
6.6 mi
Pop: 43,635
$82,098
Walk: 10.3
01464
6.7 mi
Pop: 7,017
$121,875
Walk: 5.4
01503
7.4 mi
Pop: 3,311
$122,411
Walk: 6.1
01564
7.4 mi
Pop: 8,111
$136,027
Walk: 5.9
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