Home › Massachusetts › ZIP 02740

Daycare Costs Near New Bedford, MA (02740)

Opportunity Score

55 / 100 Fair

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

Market Summary

ZIP 02740 is an urban area. with a population of 46,336 and household incomes near the national median ($54,563). There are 9 daycare centers operations in ZIP 02740.

Area Profile

46,336

Population

$54,563

Median Income

-27% vs. national

Urban

Area Type

Median Age: 37.0 — mixed-age market, broad menu appeal.

College-Educated: 12.3% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 02740.

Daycare Centers

Moderate — proven market

1.9 per 10K residents

Schools

0.9 per 10K residents

What this means: Daycare Centers are 69.2% of the relevant market in ZIP 02740 (9 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,052

Median Gross Rent

$300 K

Median Home Value

Bank Branches

$1 M deposits

Childcare Assistance in Massachusetts

Families in ZIP 02740 may qualify for state-funded childcare subsidies through Massachusetts's CCDF program. Income limits and copays vary by county.

Check Massachusetts subsidy eligibility ›

Already Getting a Subsidy? See How Much More You Can Save

The federal dependent care credit and Dependent Care FSA stack on top of subsidies. Most families save an additional $600–$2,100/year — in 10 seconds.

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