Daycare Centers Market: ZIP 02032
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02032 is an urban area. with a population of 4,914 and household incomes well above the national median ($180,100). There are 3 daycare centers operations in ZIP 02032.
Area Profile
4,914
Population
$180,100
Median Income
+141% vs. national
Urban
Area Type
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 40.9% —
strong appetite for artisan/specialty food.
Competition
Daycare Centers and related businesses in ZIP 02032.
3
Daycare Centers
Low competition — room to establish
6.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$2,448
Median Gross Rent
$670 K
Median Home Value
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 $180,100. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Daycare Centers
- 3
vs. National Average
Median Income
+141% vs. $74,580
Nearby Markets
02062
2.7 mi
Pop: 31,380
$97,110
Walk: 11.8
02081
3.0 mi
Pop: 19,703
$150,233
Walk: 10.0
02067
4.1 mi
Pop: 18,478
$183,724
Walk: 7.2
02090
4.3 mi
Pop: 16,213
$205,000
Walk: 8.5
02071
5.0 mi
Pop: 1,677
$207,878
02052
6.4 mi
Pop: 12,923
$214,801
Walk: 7.3
02021
6.4 mi
Pop: 24,459
$128,341
Walk: 9.9
02026
6.7 mi
Pop: 25,109
$124,375
Walk: 11.8
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