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Daycare Costs Near Cranford, NJ (07016)

Opportunity Score

77 / 100 Good

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

Market Summary

ZIP 07016 is an urban area. with a population of 23,841 and household incomes well above the national median ($148,629). There are 8 daycare centers operations in ZIP 07016.

Area Profile

23,841

Population

$148,629

Median Income

+99% vs. national

Urban

Area Type

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

College-Educated: 46.2% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 07016.

Daycare Centers

Moderate — proven market

3.4 per 10K residents

Operating Costs

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

$2,116

Median Gross Rent

$640 K

Median Home Value

Bank Branches

$2 M deposits

Childcare Assistance in New Jersey

Families in ZIP 07016 may qualify for state-funded childcare subsidies through New Jersey's CCDF program. Income limits and copays vary by county.

Check New Jersey 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.

Calculate your tax savings ›