DaycareCalc
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Home ZIP 02839

Daycare Centers Market: ZIP 02839

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

Market Summary

ZIP 02839 is an urban area. with a population of 1,690 and household incomes well above the national median ($100,906).

Area Profile

1,690
Population
$100,906
Median Income
+35% vs. national
Urban
Area Type
Median Age: 39.0 — mixed-age market, broad menu appeal.
College-Educated: 23.2% — value-focused market, keep prices competitive.

Operating Costs

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

$1,980
2BR Fair Market Rent
$1,402
Median Gross Rent
$320 K
Median Home Value

Tips for Starting a Daycare Business in Rhode Island

  • 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 $100,906. 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