Daycare Centers Market: ZIP 02647
Opportunity Score
4
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02647 is an urban area.
Area Profile
228
Population
Urban
Area Type
Median Age: 62.7 —
older demographic, may prefer sit-down options.
College-Educated: 68.4% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,410
2BR Fair Market Rent
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
Nearby Markets
02672
0.5 mi
Pop: 0
Walk: 8.6
02601
2.4 mi
Pop: 16,066
$62,989
Walk: 12.3
02632
3.2 mi
Pop: 12,217
$121,295
Walk: 13.0
02673
4.6 mi
Pop: 8,969
$73,846
Walk: 10.0
02630
5.3 mi
Pop: 2,539
$137,875
02655
5.7 mi
Pop: 3,535
$100,927
Walk: 8.5
02637
5.9 mi
Pop: 351
$218,165
02668
6.6 mi
Pop: 2,514
$108,042
Walk: 7.0
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