Daycare Centers Market: ZIP 08223
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08223 is an urban area. with a population of 4,063 and household incomes above the national median ($100,000). There are 3 daycare centers operations in ZIP 08223.
Area Profile
4,063
Population
$100,000
Median Income
+34% vs. national
Urban
Area Type
Median Age: 46.2 —
older demographic, may prefer sit-down options.
College-Educated: 37.9% —
balanced market for quality & value.
Competition
Daycare Centers and related businesses in ZIP 08223.
3
Daycare Centers
Low competition — room to establish
7.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,920
2BR Fair Market Rent
$1,642
Median Gross Rent
$350 K
Median Home Value
2
Bank Branches
$290 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
- Daycare Centers
- 3
- Bank Branches
- 2
vs. National Average
Median Income
+34% vs. $74,580
Nearby Markets
08226
3.4 mi
Pop: 11,260
$101,782
Walk: 12.7
08248
5.1 mi
Pop: 134
$106,840
08244
5.2 mi
Pop: 10,611
$67,500
Walk: 14.2
08230
5.8 mi
Pop: 5,998
$110,667
Walk: 8.1
08221
8.0 mi
Pop: 6,954
$135,904
Walk: 14.6
08403
8.6 mi
Pop: 1,012
$103,295
Walk: 13.6
08234
8.6 mi
Pop: 46,856
$96,604
Walk: 8.1
08243
8.6 mi
Pop: 2,079
$98,860
Walk: 11.1
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