Home › New Jersey › ZIP 08701

Daycare Costs Near Lakewood, NJ (08701)

Opportunity Score

69 / 100 Good

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

Market Summary

ZIP 08701 is an urban area. with a population of 136,784 and household incomes near the national median ($62,811). There are 50 daycare centers operations in ZIP 08701.

Area Profile

136,784

Population

$62,811

Median Income

-16% vs. national

Urban

Area Type

Median Age: 18.2 — young market, strong street food demand.

College-Educated: 13.6% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 08701.

Daycare Centers

Competitive — differentiation needed

3.7 per 10K residents

103

Schools

7.5 per 10K residents

What this means: Daycare Centers are 32.7% of the relevant market in ZIP 08701 (50 vs. 103 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,701

Median Gross Rent

$430 K

Median Home Value

Bank Branches

$4.1 M deposits

Childcare Assistance in New Jersey

Families in ZIP 08701 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 ›