Home › Rhode Island › ZIP 02916

Daycare Costs Near Rumford, RI (02916)

Opportunity Score

61 / 100 Good

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

Market Summary

ZIP 02916 is an urban area. with a population of 8,725 and household incomes above the national median ($96,293). There are 3 daycare centers operations in ZIP 02916.

Area Profile

8,725

Population

$96,293

Median Income

+29% vs. national

Urban

Area Type

Median Age: 42.9 — older demographic, may prefer sit-down options.

College-Educated: 32.9% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 02916.

Daycare Centers

Low competition — room to establish

3.4 per 10K residents

Schools

3.4 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 02916 (3 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,267

Median Gross Rent

$360 K

Median Home Value

Bank Branches

$360 K deposits

Childcare Assistance in Rhode Island

Families in ZIP 02916 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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