Daycare Centers Market: ZIP 02881
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02881 is an urban area with low foot traffic.
Area Profile
7,183
Population
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 19.8 —
young market, strong street food demand.
College-Educated: 15.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,880
2BR Fair Market Rent
$1,368
Median Gross Rent
$480 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Walkability
-2.8 pts vs. national avg
Nearby Markets
02879
3.8 mi
Pop: 22,628
$115,848
Walk: 8.7
02874
4.0 mi
Pop: 6,715
$155,099
Walk: 8.7
02892
5.3 mi
Pop: 5,704
$143,534
Walk: 9.1
02882
5.9 mi
Pop: 12,984
$95,794
Walk: 12.5
02836
6.8 mi
Pop: 47
02822
7.7 mi
Pop: 6,139
$87,185
02875
7.8 mi
Pop: 206
$88,469
02852
8.6 mi
Pop: 23,269
$112,457
Walk: 9.2
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