Home › ZIP 08861

Daycare Centers Market: ZIP 08861

Opportunity Score

59 / 100 Fair

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

Market Summary

ZIP 08861 is an urban area with moderate foot traffic. with a population of 58,264 and household incomes near the national median ($60,464). There are 8 daycare centers operations in ZIP 08861.

Area Profile

58,264

Population

$60,464

Median Income

-19% vs. national

Urban

Area Type

14.6/20

Foot Traffic

Very Car-Dependent

Median Age: 37.3 — mixed-age market, broad menu appeal.

College-Educated: 10.4% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 08861.

Daycare Centers

Moderate — proven market

1.4 per 10K residents

Schools

0.7 per 10K residents

What this means: Daycare Centers are 66.7% of the relevant market in ZIP 08861 (8 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,050

2BR Fair Market Rent

$1,623

Median Gross Rent

$340 K

Median Home Value

Bank Branches

$1 M 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.