Home › Massachusetts › ZIP 01940

Daycare Costs Near Lynnfield, MA (01940)

Opportunity Score

71 / 100 Good

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

Market Summary

ZIP 01940 is an urban area. with a population of 13,183 and household incomes well above the national median ($171,044). There are 3 daycare centers operations in ZIP 01940.

Area Profile

13,183

Population

$171,044

Median Income

+129% vs. national

Urban

Area Type

Median Age: 41.5 — older demographic, may prefer sit-down options.

College-Educated: 41.8% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 01940.

Daycare Centers

Low competition — room to establish

2.3 per 10K residents

Operating Costs

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

$2,333

Median Gross Rent

$890 K

Median Home Value

Bank Branches

$840 K deposits

Childcare Assistance in Massachusetts

Families in ZIP 01940 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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