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Daycare Costs Near Providence, RI (02903)

Opportunity Score

49 / 100 Fair

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

Market Summary

ZIP 02903 is an urban area. with a population of 12,309 and household incomes near the national median ($62,987). There are 3 daycare centers operations in ZIP 02903.

Area Profile

12,309

Population

$62,987

Median Income

-16% vs. national

Urban

Area Type

Median Age: 35.1 — mixed-age market, broad menu appeal.

College-Educated: 38.0% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 02903.

Daycare Centers

Low competition — room to establish

2.4 per 10K residents

Schools

8.1 per 10K residents

What this means: Daycare Centers are 23.1% of the relevant market in ZIP 02903 (3 vs. 10 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,640

Median Gross Rent

$370 K

Median Home Value

Bank Branches

$15 M deposits

Childcare Assistance in Rhode Island

Families in ZIP 02903 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.

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