DaycareCalc
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Home ZIP 05602

Daycare Centers Market: ZIP 05602

Opportunity Score
59 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 05602 is an suburban area with moderate foot traffic. with a population of 12,491 and household incomes above the national median ($81,552). There are 3 daycare centers operations in ZIP 05602.

Area Profile

12,491
Population
$81,552
Median Income
+9% vs. national
Suburban
Area Type
13.2/20
Foot Traffic
Walkable
Median Age: 45.2 — older demographic, may prefer sit-down options.
College-Educated: 45.9% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 05602.

3
Daycare Centers
Low competition — room to establish
2.4 per 10K residents
4
Schools
3.2 per 10K residents
What this means: Daycare Centers are 42.9% of the relevant market in ZIP 05602 (3 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,530
2BR Fair Market Rent
$1,184
Median Gross Rent
$340 K
Median Home Value
7
Bank Branches
$1 M deposits

Tips for Starting a Daycare Business in Vermont

  • 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.

Quick Facts

Area Type
Suburban
Foot Traffic
Walkable
Daycare Centers
3
Related Businesses
4
Bank Branches
7

vs. National Average

Median Income
+9% vs. $74,580
Walkability
+2.7 pts vs. national avg

Check Another Market

Or estimate costs with the DaycareCalc calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits