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Daycare Centers Market: ZIP 02184

Opportunity Score

84 / 100 Excellent

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

Market Summary

ZIP 02184 is an urban area with moderate foot traffic. with a population of 38,762 and household incomes well above the national median ($125,305). There are 17 daycare centers operations in ZIP 02184.

Area Profile

38,762

Population

$125,305

Median Income

+68% vs. national

Urban

Area Type

13.5/20

Foot Traffic

Walkable

Median Age: 41.3 — older demographic, may prefer sit-down options.

College-Educated: 33.6% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 02184.

Daycare Centers

Moderate — proven market

4.4 per 10K residents

Schools

1.5 per 10K residents

What this means: Daycare Centers are 73.9% of the relevant market in ZIP 02184 (17 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,550

2BR Fair Market Rent

$1,925

Median Gross Rent

$620 K

Median Home Value

Bank Branches

$1.8 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 $125,305. That gives you pricing room most markets don't offer. Don't underprice.