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Daycare Costs Near Newark, NJ (07106)

Opportunity Score

47 / 100 Fair

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

Market Summary

ZIP 07106 is an urban area. with a population of 35,999 and household incomes below the national median ($48,105). There are 5 daycare centers operations in ZIP 07106.

Area Profile

35,999

Population

$48,105

Median Income

-35% vs. national

Urban

Area Type

Median Age: 35.3 — mixed-age market, broad menu appeal.

College-Educated: 11.6% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 07106.

Daycare Centers

Low competition — room to establish

1.4 per 10K residents

Operating Costs

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

$1,221

Median Gross Rent

$320 K

Median Home Value

Bank Branches

$130 K deposits

Childcare Assistance in New Jersey

Families in ZIP 07106 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 ›