Daycare Centers Market: ZIP 01824
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01824 is an urban area with moderate foot traffic. with a population of 26,628 and household incomes well above the national median ($141,337). There are 12 daycare centers operations in ZIP 01824.
Area Profile
26,628
Population
$141,337
Median Income
+90% vs. national
Urban
Area Type
10.1/20
Foot Traffic
Walkable
Median Age: 42.8 —
older demographic, may prefer sit-down options.
College-Educated: 40.5% —
strong appetite for artisan/specialty food.
Competition
Daycare Centers and related businesses in ZIP 01824.
12
Daycare Centers
Moderate — proven market
4.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,800
2BR Fair Market Rent
$2,076
Median Gross Rent
$590 K
Median Home Value
11
Bank Branches
$1.5 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.
- The median income here is $141,337. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Daycare Centers
- 12
- Bank Branches
- 11
vs. National Average
Median Income
+90% vs. $74,580
Walkability
-0.4 pts vs. national avg
Nearby Markets
01851
2.9 mi
Pop: 32,308
$87,962
Walk: 15.1
01741
3.7 mi
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$250,001
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01863
4.0 mi
Pop: 9,592
$136,284
Walk: 9.0
01854
4.1 mi
Pop: 28,808
$70,397
Walk: 14.2
01862
4.2 mi
Pop: 11,703
$131,214
Walk: 7.5
01852
5.0 mi
Pop: 36,700
$77,058
Walk: 14.5
01850
5.8 mi
Pop: 16,983
$67,581
Walk: 12.8
01886
5.9 mi
Pop: 24,584
$181,523
Walk: 6.9
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