Daycare Centers Market: ZIP 02062
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02062 is an urban area with moderate foot traffic. with a population of 31,380 and household incomes above the national median ($97,110). There are 16 daycare centers operations in ZIP 02062.
Area Profile
31,380
Population
$97,110
Median Income
+30% vs. national
Urban
Area Type
11.8/20
Foot Traffic
Walkable
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 39.1% —
balanced market for quality & value.
Competition
Daycare Centers and related businesses in ZIP 02062.
16
Daycare Centers
Moderate — proven market
5.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,590
2BR Fair Market Rent
$2,056
Median Gross Rent
$610 K
Median Home Value
8
Bank Branches
$1.9 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
- Walkable
- Daycare Centers
- 16
- Bank Branches
- 8
vs. National Average
Median Income
+30% vs. $74,580
Walkability
+1.3 pts vs. national avg
Nearby Markets
02032
2.7 mi
Pop: 4,914
$180,100
02090
2.8 mi
Pop: 16,213
$205,000
Walk: 8.5
02026
4.2 mi
Pop: 25,109
$124,375
Walk: 11.8
02021
4.7 mi
Pop: 24,459
$128,341
Walk: 9.9
02081
5.3 mi
Pop: 19,703
$150,233
Walk: 10.0
02067
5.6 mi
Pop: 18,478
$183,724
Walk: 7.2
02136
6.5 mi
Pop: 38,071
$96,862
Walk: 14.2
02132
6.7 mi
Pop: 27,069
$139,545
Walk: 15.0
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