DaycareCalc
Showing results for ZIP 06263 (CT)
Home ZIP 08223

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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits