Home › Rhode Island › ZIP 02840

Daycare Costs Near Newport, RI (02840)

Opportunity Score

59 / 100 Fair

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

Market Summary

ZIP 02840 is an urban area. with a population of 23,615 and household incomes above the national median ($83,515). There are 4 daycare centers operations in ZIP 02840.

Area Profile

23,615

Population

$83,515

Median Income

+12% vs. national

Urban

Area Type

Median Age: 39.9 — mixed-age market, broad menu appeal.

College-Educated: 39.3% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 02840.

Daycare Centers

Low competition — room to establish

1.7 per 10K residents

Operating Costs

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

$1,610

Median Gross Rent

$670 K

Median Home Value

Bank Branches

$550 K deposits

Childcare Assistance in Rhode Island

Families in ZIP 02840 may qualify for state-funded childcare subsidies through Rhode Island's CCDF program. Income limits and copays vary by county.

Check Rhode Island 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.

Calculate your tax savings ›