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Daycare Costs Near Providence, RI (02907)

Opportunity Score

52 / 100 Fair

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

Market Summary

ZIP 02907 is an urban area. with a population of 31,427 and household incomes below the national median ($49,564). There are 9 daycare centers operations in ZIP 02907.

Area Profile

31,427

Population

$49,564

Median Income

-34% vs. national

Urban

Area Type

Median Age: 34.9 — mixed-age market, broad menu appeal.

College-Educated: 12.4% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 02907.

Daycare Centers

Moderate — proven market

2.9 per 10K residents

Schools

1.3 per 10K residents

What this means: Daycare Centers are 69.2% of the relevant market in ZIP 02907 (9 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,136

Median Gross Rent

$310 K

Median Home Value

Childcare Assistance in Rhode Island

Families in ZIP 02907 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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