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Daycare Costs Near Newark, NJ (07108)

Opportunity Score

40 / 100 Fair

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

Market Summary

ZIP 07108 is an urban area. with a population of 28,317 and household incomes below the national median ($33,960). There are 4 daycare centers operations in ZIP 07108.

Area Profile

28,317

Population

$33,960

Median Income

-54% vs. national

Urban

Area Type

Median Age: 32.2 — mixed-age market, broad menu appeal.

College-Educated: 10.2% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 07108.

Daycare Centers

Low competition — room to establish

1.4 per 10K residents

Operating Costs

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

$1,098

Median Gross Rent

$330 K

Median Home Value

Childcare Assistance in New Jersey

Families in ZIP 07108 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 ›