Daycare Centers Market: ZIP 07608
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07608 is an urban area with moderate foot traffic.
Area Profile
120
Population
Urban
Area Type
14.4/20
Foot Traffic
Very Car-Dependent
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 14.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,270
2BR Fair Market Rent
$1,911
Median Gross Rent
1
Bank Branches
$120 K deposits
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Walkability
+3.9 pts vs. national avg
Nearby Markets
07074
0.9 mi
Pop: 3,106
$108,359
07604
1.1 mi
Pop: 12,067
$118,670
Walk: 14.8
07606
1.4 mi
Pop: 2,771
$82,750
07072
1.6 mi
Pop: 6,343
$94,854
Walk: 15.1
07075
1.7 mi
Pop: 10,094
$131,412
07643
2.0 mi
Pop: 10,942
$79,476
Walk: 14.1
07644
2.4 mi
Pop: 25,946
$84,570
Walk: 14.4
07603
2.8 mi
Pop: 9,110
$107,321
Walk: 15.6
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