Daycare Centers Market: ZIP 02462
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02462 is an urban area. with a population of 1,459 and household incomes well above the national median ($210,682). There are 4 daycare centers operations in ZIP 02462.
Area Profile
1,459
Population
$210,682
Median Income
+182% vs. national
Urban
Area Type
Median Age: 50.9 —
older demographic, may prefer sit-down options.
College-Educated: 52.6% —
strong appetite for artisan/specialty food.
Competition
Daycare Centers and related businesses in ZIP 02462.
4
Daycare Centers
Low competition — room to establish
27.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1.3 M
Median Home Value
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 $210,682. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Daycare Centers
- 4
vs. National Average
Median Income
+182% vs. $74,580
Nearby Markets
02466
1.1 mi
Pop: 8,553
$170,852
Walk: 14.6
02468
1.7 mi
Pop: 5,901
$250,001
Walk: 13.0
02481
2.1 mi
Pop: 17,262
$250,001
Walk: 11.3
02465
2.3 mi
Pop: 11,297
$174,518
Walk: 15.7
02457
2.6 mi
Pop: 1,886
02494
2.8 mi
Pop: 10,578
$173,750
Walk: 11.3
02453
2.8 mi
Pop: 30,314
$114,029
Walk: 15.8
02464
2.9 mi
Pop: 3,730
$125,846
Walk: 17.6
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