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Daycare Centers Market: ZIP 02886

Opportunity Score

69 / 100 Good

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

Market Summary

ZIP 02886 is an urban area with moderate foot traffic. with a population of 30,925 and household incomes above the national median ($91,037). There are 11 daycare centers operations in ZIP 02886.

Area Profile

30,925

Population

$91,037

Median Income

+22% vs. national

Urban

Area Type

12.5/20

Foot Traffic

Walkable

Median Age: 41.5 — older demographic, may prefer sit-down options.

College-Educated: 26.9% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 02886.

Daycare Centers

Moderate — proven market

3.6 per 10K residents

Operating Costs

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

$1,890

2BR Fair Market Rent

$1,300

Median Gross Rent

$330 K

Median Home Value

Bank Branches

$1.6 M deposits

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.