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Daycare Costs Near Providence, RI (02908)

Opportunity Score

53 / 100 Fair

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

Market Summary

ZIP 02908 is an urban area. with a population of 39,661 and household incomes near the national median ($74,341). There are 3 daycare centers operations in ZIP 02908.

Area Profile

39,661

Population

$74,341

Median Income

+0% vs. national

Urban

Area Type

Median Age: 34.5 — mixed-age market, broad menu appeal.

College-Educated: 19.2% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 02908.

Daycare Centers

Low competition — room to establish

0.8 per 10K residents

Schools

1.5 per 10K residents

What this means: Daycare Centers are 33.3% of the relevant market in ZIP 02908 (3 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,381

Median Gross Rent

$290 K

Median Home Value

Bank Branches

$310 K deposits

Childcare Assistance in Rhode Island

Families in ZIP 02908 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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