Home › Massachusetts › ZIP 01970

Daycare Costs Near Salem, MA (01970)

Opportunity Score

64 / 100 Good

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

Market Summary

ZIP 01970 is an urban area. with a population of 44,115 and household incomes above the national median ($85,189). There are 8 daycare centers operations in ZIP 01970.

Area Profile

44,115

Population

$85,189

Median Income

+14% vs. national

Urban

Area Type

Median Age: 38.4 — mixed-age market, broad menu appeal.

College-Educated: 36.0% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 01970.

Daycare Centers

Moderate — proven market

1.8 per 10K residents

Schools

1.1 per 10K residents

What this means: Daycare Centers are 61.5% of the relevant market in ZIP 01970 (8 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,800

Median Gross Rent

$500 K

Median Home Value

Bank Branches

$3.6 M deposits

Childcare Assistance in Massachusetts

Families in ZIP 01970 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.

Calculate your tax savings ›