DaycareCalc
Showing results for ZIP 58363 (ND)
Home ZIP 10524

Daycare Centers Market: ZIP 10524

Opportunity Score
77 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 10524 is an urban area with low foot traffic. with a population of 4,298 and household incomes well above the national median ($125,568).

Area Profile

4,298
Population
$125,568
Median Income
+68% vs. national
Urban
Area Type
6.6/20
Foot Traffic
Car-Dependent
Median Age: 49.9 — older demographic, may prefer sit-down options.
College-Educated: 39.7% — balanced market for quality & value.

Operating Costs

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

$3,210
2BR Fair Market Rent
$2,313
Median Gross Rent
$550 K
Median Home Value

Tips for Starting a Daycare Business in New York

  • 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.
  • The median income here is $125,568. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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