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Daycare Centers Market: ZIP 11024

Opportunity Score
92 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 11024 is an urban area with high foot traffic. with a population of 8,821 and household incomes well above the national median ($170,476).

Area Profile

8,821
Population
$170,476
Median Income
+129% vs. national
Urban
Area Type
15.6/20
Foot Traffic
Very Walkable
Median Age: 30.4 — mixed-age market, broad menu appeal.
College-Educated: 28.3% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 11024.

5
Schools
5.7 per 10K residents

Operating Costs

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

$2,940
2BR Fair Market Rent
$2,467
Median Gross Rent
$1.6 M
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 $170,476. 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