DaycareCalc
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Home ZIP 02062

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.

Data sources

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