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Daycare Centers Market: ZIP 08028

Opportunity Score

58 / 100 Fair

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

Market Summary

ZIP 08028 is an urban area with moderate foot traffic. with a population of 24,806 and household incomes above the national median ($81,993). There are 5 daycare centers operations in ZIP 08028.

Area Profile

24,806

Population

$81,993

Median Income

+10% vs. national

Urban

Area Type

11.4/20

Foot Traffic

Walkable

Median Age: 30.2 — mixed-age market, broad menu appeal.

College-Educated: 22.9% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 08028.

Daycare Centers

Low competition — room to establish

2.0 per 10K residents

Operating Costs

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

$2,100

2BR Fair Market Rent

$1,554

Median Gross Rent

$280 K

Median Home Value

Bank Branches

$1.1 M 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.