Daycare Centers Market: ZIP 02120
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02120 is an urban area with high foot traffic. with a population of 15,248 and household incomes near the national median ($61,472). There are 5 daycare centers operations in ZIP 02120.
Area Profile
15,248
Population
$61,472
Median Income
-18% vs. national
Urban
Area Type
15.8/20
Foot Traffic
Very Walkable
Median Age: 24.5 —
young market, strong street food demand.
College-Educated: 21.5% —
value-focused market, keep prices competitive.
Competition
Daycare Centers and related businesses in ZIP 02120.
5
Daycare Centers
Low competition — room to establish
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,670
2BR Fair Market Rent
$1,630
Median Gross Rent
$940 K
Median Home Value
3
Bank Branches
$290 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Daycare Centers
- 5
- Bank Branches
- 3
vs. National Average
Median Income
-18% vs. $74,580
Walkability
+5.3 pts vs. national avg
Nearby Markets
02115
0.5 mi
Pop: 28,621
$53,398
Walk: 15.6
02119
1.0 mi
Pop: 26,851
$43,255
Walk: 15.8
02215
1.2 mi
Pop: 24,054
$65,827
Walk: 15.4
02199
1.5 mi
Pop: 1,253
$118,367
Walk: 18.1
02118
1.9 mi
Pop: 28,522
$90,142
Walk: 16.7
02116
1.9 mi
Pop: 22,040
$127,309
Walk: 15.5
02446
1.9 mi
Pop: 31,109
$127,519
Walk: 16.4
02121
2.0 mi
Pop: 28,298
$38,565
Walk: 14.3
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