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Daycare Centers Market: ZIP 02118

Opportunity Score

77 / 100 Good

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

Market Summary

ZIP 02118 is an urban area with high foot traffic. with a population of 28,522 and household incomes above the national median ($90,142). There are 14 daycare centers operations in ZIP 02118.

Area Profile

28,522

Population

$90,142

Median Income

+21% vs. national

Urban

Area Type

16.7/20

Foot Traffic

Very Walkable

Median Age: 37.9 — mixed-age market, broad menu appeal.

College-Educated: 44.8% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 02118.

Daycare Centers

Moderate — proven market

4.9 per 10K residents

Operating Costs

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

$2,550

2BR Fair Market Rent

$1,748

Median Gross Rent

$1 M

Median Home Value

Bank Branches

$510 K 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.