Daycare Centers Market: ZIP 07204
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07204 is an urban area with moderate foot traffic. with a population of 13,965 and household incomes well above the national median ($104,418). There are 6 daycare centers operations in ZIP 07204.
Area Profile
13,965
Population
$104,418
Median Income
+40% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 29.2% —
balanced market for quality & value.
Competition
Daycare Centers and related businesses in ZIP 07204.
6
Daycare Centers
Moderate — proven market
4.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,990
2BR Fair Market Rent
$1,585
Median Gross Rent
$410 K
Median Home Value
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 $104,418. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Daycare Centers
- 6
vs. National Average
Median Income
+40% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
07203
1.0 mi
Pop: 22,455
$82,967
Walk: 14.1
07033
1.7 mi
Pop: 8,339
$126,295
Walk: 14.6
07083
2.1 mi
Pop: 57,036
$118,106
Walk: 14.3
07016
2.6 mi
Pop: 23,841
$148,629
Walk: 12.6
07208
3.0 mi
Pop: 32,404
$61,873
Walk: 13.2
07036
3.4 mi
Pop: 45,101
$89,942
Walk: 14.2
07205
3.4 mi
Pop: 22,179
$98,558
Walk: 13.2
07202
3.5 mi
Pop: 44,638
$68,071
Walk: 15.3
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits