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Daycare Costs Near Medford, NJ (08055)

Opportunity Score

75 / 100 Good

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

Market Summary

ZIP 08055 is an urban area. with a population of 28,855 and household incomes well above the national median ($158,487). There are 6 daycare centers operations in ZIP 08055.

Area Profile

28,855

Population

$158,487

Median Income

+113% vs. national

Urban

Area Type

Median Age: 47.1 — older demographic, may prefer sit-down options.

College-Educated: 45.4% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 08055.

Daycare Centers

Moderate — proven market

2.1 per 10K residents

Schools

2.4 per 10K residents

What this means: Daycare Centers are 46.2% of the relevant market in ZIP 08055 (6 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,502

Median Gross Rent

$460 K

Median Home Value

Bank Branches

$1.6 M deposits

Childcare Assistance in New Jersey

Families in ZIP 08055 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 ›