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Daycare Centers Market: ZIP 01602

Opportunity Score

81 / 100 Excellent

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

Market Summary

ZIP 01602 is an urban area with moderate foot traffic. with a population of 25,791 and household incomes above the national median ($94,351).

25,791

Population

$94,351

Median Income

+27% vs. national

Urban

Area Type

14.1/20

Foot Traffic

Very Car-Dependent

Median Age: 39.8 — mixed-age market, broad menu appeal.

College-Educated: 31.6% — balanced market for quality & value.

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

$2,050

2BR Fair Market Rent

$1,471

Median Gross Rent

$380 K

Median Home Value

Bank Branches

$250 K deposits

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.