Home › Massachusetts › ZIP 02038

Daycare Costs Near Franklin, MA (02038)

Opportunity Score

81 / 100 Excellent

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

Market Summary

ZIP 02038 is an urban area. with a population of 33,067 and household incomes well above the national median ($142,788). There are 11 daycare centers operations in ZIP 02038.

Area Profile

33,067

Population

$142,788

Median Income

+91% vs. national

Urban

Area Type

Median Age: 42.1 — older demographic, may prefer sit-down options.

College-Educated: 38.7% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 02038.

Daycare Centers

Moderate — proven market

3.3 per 10K residents

Schools

0.9 per 10K residents

What this means: Daycare Centers are 78.6% of the relevant market in ZIP 02038 (11 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,856

Median Gross Rent

$570 K

Median Home Value

Bank Branches

$1.2 M deposits

Childcare Assistance in Massachusetts

Families in ZIP 02038 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 ›