DaycareCalc
Showing results for ZIP 28311 (NC)
Home ZIP 01970

Daycare Centers Market: ZIP 01970

Opportunity Score
66 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01970 is an urban area with moderate foot traffic. 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
14.6/20
Foot Traffic
Very Car-Dependent
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.

8
Daycare Centers
Moderate — proven market
1.8 per 10K residents
5
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.

$2,550
2BR Fair Market Rent
$1,800
Median Gross Rent
$500 K
Median Home Value
15
Bank Branches
$3.6 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.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Daycare Centers
8
Related Businesses
5
Bank Branches
15

vs. National Average

Median Income
+14% vs. $74,580
Walkability
+4.1 pts vs. national avg

Check Another Market

Or estimate costs with the DaycareCalc calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits