Daycare Centers Market: ZIP 01606
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01606 is an urban area with moderate foot traffic. with a population of 22,269 and household incomes above the national median ($92,537). There are 7 daycare centers operations in ZIP 01606.
Area Profile
22,269
Population
$92,537
Median Income
+24% vs. national
Urban
Area Type
11.8/20
Foot Traffic
Walkable
Median Age: 39.7 —
mixed-age market, broad menu appeal.
College-Educated: 31.1% —
balanced market for quality & value.
Competition
Daycare Centers and related businesses in ZIP 01606.
7
Daycare Centers
Moderate — proven market
3.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,970
2BR Fair Market Rent
$1,615
Median Gross Rent
$340 K
Median Home Value
5
Bank Branches
$390 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Daycare Centers
- 7
- Bank Branches
- 5
vs. National Average
Median Income
+24% vs. $74,580
Walkability
+1.3 pts vs. national avg
Nearby Markets
01605
1.7 mi
Pop: 31,086
$54,805
Walk: 14.6
01609
3.2 mi
Pop: 23,184
$61,411
Walk: 11.7
01608
3.6 mi
Pop: 4,951
$45,962
01583
4.3 mi
Pop: 7,516
$100,427
Walk: 14.8
01520
4.4 mi
Pop: 16,864
$147,582
Walk: 5.2
01604
4.5 mi
Pop: 39,988
$72,911
Walk: 13.1
01610
4.7 mi
Pop: 28,719
$43,757
Walk: 14.6
01602
5.0 mi
Pop: 25,791
$94,351
Walk: 14.1
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