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Daycare Centers Market: ZIP 02108

Opportunity Score

70 / 100 Good

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

Market Summary

ZIP 02108 is an urban area with moderate foot traffic. with a population of 4,178 and household incomes well above the national median ($212,664). There are 3 daycare centers operations in ZIP 02108.

Area Profile

4,178

Population

$212,664

Median Income

+185% vs. national

Urban

Area Type

13.3/20

Foot Traffic

Walkable

Median Age: 34.3 — mixed-age market, broad menu appeal.

College-Educated: 51.3% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 02108.

Daycare Centers

Low competition — room to establish

7.2 per 10K residents

Schools

12.0 per 10K residents

What this means: Daycare Centers are 37.5% of the relevant market in ZIP 02108 (3 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$3,590

2BR Fair Market Rent

$2,692

Median Gross Rent

$1.6 M

Median Home Value

Bank Branches

$3 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.
The median income here is $212,664. That gives you pricing room most markets don't offer. Don't underprice.