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Daycare Centers Market: ZIP 11747

Opportunity Score

69 / 100 Good

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

Market Summary

ZIP 11747 is an urban area with moderate foot traffic. with a population of 19,826 and household incomes well above the national median ($154,914). There are 4 daycare centers operations in ZIP 11747.

Area Profile

19,826

Population

$154,914

Median Income

+108% vs. national

Urban

Area Type

11.8/20

Foot Traffic

Walkable

Median Age: 50.3 — older demographic, may prefer sit-down options.

College-Educated: 47.9% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 11747.

Daycare Centers

Low competition — room to establish

2.0 per 10K residents

Schools

1.5 per 10K residents

What this means: Daycare Centers are 57.1% of the relevant market in ZIP 11747 (4 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$3,580

2BR Fair Market Rent

$3,501

Median Gross Rent

$750 K

Median Home Value

Bank Branches

$6.8 M deposits

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 $154,914. That gives you pricing room most markets don't offer. Don't underprice.