Home › ZIP 07013

Daycare Centers Market: ZIP 07013

Opportunity Score

84 / 100 Excellent

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

Market Summary

ZIP 07013 is an urban area with moderate foot traffic. with a population of 29,419 and household incomes well above the national median ($119,291). There are 15 daycare centers operations in ZIP 07013.

Area Profile

29,419

Population

$119,291

Median Income

+60% vs. national

Urban

Area Type

14.8/20

Foot Traffic

Very Car-Dependent

Median Age: 46.4 — older demographic, may prefer sit-down options.

College-Educated: 32.6% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 07013.

Daycare Centers

Moderate — proven market

5.1 per 10K residents

Schools

1.4 per 10K residents

What this means: Daycare Centers are 78.9% of the relevant market in ZIP 07013 (15 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,050

2BR Fair Market Rent

$1,696

Median Gross Rent

$460 K

Median Home Value

Bank Branches

$1.5 M deposits

Tips for Starting a Daycare Business in New Jersey

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.
The median income here is $119,291. That gives you pricing room most markets don't offer. Don't underprice.