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Daycare Costs Near Lawrence, MA (01840)

Opportunity Score

39 / 100 Challenging

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

Market Summary

ZIP 01840 is an urban area. with a population of 7,092 and household incomes below the national median ($34,630). There are 3 daycare centers operations in ZIP 01840.

Area Profile

7,092

Population

$34,630

Median Income

-54% vs. national

Urban

Area Type

Median Age: 36.9 — mixed-age market, broad menu appeal.

College-Educated: 9.1% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 01840.

Daycare Centers

Low competition — room to establish

4.2 per 10K residents

Schools

4.2 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 01840 (3 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,174

Median Gross Rent

Bank Branches

$220 K deposits

Childcare Assistance in Massachusetts

Families in ZIP 01840 may qualify for state-funded childcare subsidies through Massachusetts's CCDF program. Income limits and copays vary by county.

Check Massachusetts subsidy eligibility ›

Already Getting a Subsidy? See How Much More You Can Save

The federal dependent care credit and Dependent Care FSA stack on top of subsidies. Most families save an additional $600–$2,100/year — in 10 seconds.

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