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Daycare Centers Market: ZIP 02150

Opportunity Score

64 / 100 Good

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

Market Summary

ZIP 02150 is an urban area with high foot traffic. with a population of 39,444 and household incomes near the national median ($72,122). There are 8 daycare centers operations in ZIP 02150.

Area Profile

39,444

Population

$72,122

Median Income

-3% vs. national

Urban

Area Type

15.5/20

Foot Traffic

Very Walkable

Median Age: 34.5 — mixed-age market, broad menu appeal.

College-Educated: 14.9% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 02150.

Daycare Centers

Moderate — proven market

2.0 per 10K residents

Operating Costs

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

$2,550

2BR Fair Market Rent

$1,861

Median Gross Rent

$480 K

Median Home Value

Bank Branches

$590 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.