DaycareCalc
Showing results for ZIP 56045 (MN)
Home ZIP 02777

Daycare Centers Market: ZIP 02777

Opportunity Score
67 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02777 is an urban area with low foot traffic. with a population of 17,231 and household incomes well above the national median ($116,627). There are 7 daycare centers operations in ZIP 02777.

Area Profile

17,231
Population
$116,627
Median Income
+56% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 44.4 — older demographic, may prefer sit-down options.
College-Educated: 25.9% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 02777.

7
Daycare Centers
Moderate — proven market
4.1 per 10K residents

Operating Costs

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

$1,730
2BR Fair Market Rent
$1,332
Median Gross Rent
$410 K
Median Home Value
5
Bank Branches
$760 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.
  • The median income here is $116,627. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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