Daycare Centers Market: ZIP 08051
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08051 is an urban area. with a population of 12,156 and household incomes above the national median ($97,452).
Area Profile
12,156
Population
$97,452
Median Income
+31% vs. national
Urban
Area Type
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 25.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,150
2BR Fair Market Rent
$1,691
Median Gross Rent
$250 K
Median Home Value
2
Bank Branches
$510 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
- Bank Branches
- 2
vs. National Average
Median Income
+31% vs. $74,580
Nearby Markets
08090
2.1 mi
Pop: 9,574
$114,742
Walk: 12.2
08061
2.3 mi
Pop: 4,411
$157,222
08097
2.7 mi
Pop: 3,207
$117,614
Walk: 13.1
08020
3.3 mi
Pop: 2,522
$132,306
08080
4.2 mi
Pop: 39,360
$119,919
Walk: 9.8
08096
4.5 mi
Pop: 35,896
$89,483
Walk: 11.9
08071
4.6 mi
Pop: 9,407
$97,222
Walk: 14.1
08086
4.7 mi
Pop: 8,534
$88,125
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