DaycareCalc
Showing results for ZIP 49458 (MI)
Home ZIP 02745

Daycare Centers Market: ZIP 02745

Opportunity Score
62 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02745 is an urban area with moderate foot traffic. with a population of 25,013 and household incomes near the national median ($73,154). There are 11 daycare centers operations in ZIP 02745.

Area Profile

25,013
Population
$73,154
Median Income
-2% vs. national
Urban
Area Type
11.0/20
Foot Traffic
Walkable
Median Age: 40.7 — older demographic, may prefer sit-down options.
College-Educated: 14.3% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 02745.

11
Daycare Centers
Moderate — proven market
4.4 per 10K residents

Operating Costs

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

$1,430
2BR Fair Market Rent
$1,104
Median Gross Rent
$340 K
Median Home Value
6
Bank Branches
$940 K 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits