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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Daycare Centers
- 11
- Bank Branches
- 6
vs. National Average
Median Income
-2% vs. $74,580
Walkability
+0.5 pts vs. national avg
Nearby Markets
02746
2.7 mi
Pop: 16,791
$41,023
Walk: 15.4
02743
3.4 mi
Pop: 10,476
$90,683
Walk: 9.2
02740
4.5 mi
Pop: 46,336
$54,563
Walk: 15.1
02717
4.8 mi
Pop: 4,777
$143,281
Walk: 4.0
02747
5.5 mi
Pop: 21,500
$97,665
Walk: 9.6
02744
7.0 mi
Pop: 12,549
$54,841
Walk: 14.7
02719
7.1 mi
Pop: 15,878
$92,500
Walk: 11.2
02770
8.5 mi
Pop: 5,716
$119,164
Walk: 5.5
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