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Daycare Costs Near Newark, DE (19702)

Opportunity Score

83 / 100 Excellent

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

Market Summary

ZIP 19702 is an urban area. with a population of 56,049 and household incomes above the national median ($92,304). There are 20 daycare centers operations in ZIP 19702.

Area Profile

56,049

Population

$92,304

Median Income

+24% vs. national

Urban

Area Type

Median Age: 36.8 — mixed-age market, broad menu appeal.

College-Educated: 27.2% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 19702.

Daycare Centers

Moderate — proven market

3.6 per 10K residents

Schools

0.5 per 10K residents

What this means: Daycare Centers are 87.0% of the relevant market in ZIP 19702 (20 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,549

Median Gross Rent

$330 K

Median Home Value

Bank Branches

$630 K deposits

Childcare Assistance in Delaware

Families in ZIP 19702 may qualify for state-funded childcare subsidies through Delaware's CCDF program. Income limits and copays vary by county.

Check Delaware 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.

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