Daycare Centers Market: ZIP 07820
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07820 is an urban area.
Area Profile
0
Population
Urban
Area Type
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
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
Nearby Markets
07821
4.0 mi
Pop: 9,036
$145,100
07828
4.2 mi
Pop: 14,723
$96,989
07840
5.3 mi
Pop: 31,995
$107,956
Walk: 10.9
07846
6.0 mi
Pop: 29
$114,000
07874
6.2 mi
Pop: 8,498
$125,517
Walk: 6.9
07880
6.3 mi
Pop: 195
$110,134
Walk: 6.3
07857
7.6 mi
Pop: 3,543
$92,596
Walk: 13.6
07838
8.3 mi
Pop: 3,495
$121,563
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