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Daycare Centers Market: ZIP 02474

Opportunity Score

83 / 100 Excellent

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

Market Summary

ZIP 02474 is an urban area with moderate foot traffic. with a population of 28,283 and household incomes well above the national median ($139,199). There are 15 daycare centers operations in ZIP 02474.

Area Profile

28,283

Population

$139,199

Median Income

+87% vs. national

Urban

Area Type

14.4/20

Foot Traffic

Very Car-Dependent

Median Age: 38.3 — mixed-age market, broad menu appeal.

College-Educated: 55.3% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 02474.

Daycare Centers

Moderate — proven market

5.3 per 10K residents

Operating Costs

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

$2,800

2BR Fair Market Rent

$2,157

Median Gross Rent

$890 K

Median Home Value

Bank Branches

$2.8 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 $139,199. That gives you pricing room most markets don't offer. Don't underprice.