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Daycare Costs Near Paterson, NJ (07514)

Opportunity Score

59 / 100 Fair

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

Market Summary

ZIP 07514 is an urban area. with a population of 18,912 and household incomes near the national median ($65,492). There are 9 daycare centers operations in ZIP 07514.

Area Profile

18,912

Population

$65,492

Median Income

-12% vs. national

Urban

Area Type

Median Age: 39.1 — mixed-age market, broad menu appeal.

College-Educated: 8.5% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 07514.

Daycare Centers

Moderate — proven market

4.8 per 10K residents

Operating Costs

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

$1,472

Median Gross Rent

$310 K

Median Home Value

Bank Branches

$160 K deposits

Childcare Assistance in New Jersey

Families in ZIP 07514 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 ›