DaycareCalc
Showing results for ZIP 55345 (MN)
Home ZIP 31405

Daycare Centers Market: ZIP 31405

Opportunity Score
65 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 31405 is an urban area with moderate foot traffic. with a population of 39,724 and household incomes near the national median ($62,123). There are 13 daycare centers operations in ZIP 31405.

Area Profile

39,724
Population
$62,123
Median Income
-17% vs. national
Urban
Area Type
14.4/20
Foot Traffic
Very Car-Dependent
Median Age: 35.9 — mixed-age market, broad menu appeal.
College-Educated: 23.6% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 31405.

13
Daycare Centers
Moderate — proven market
3.3 per 10K residents
8
Schools
2.0 per 10K residents
What this means: Daycare Centers are 61.9% of the relevant market in ZIP 31405 (13 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,500
2BR Fair Market Rent
$1,431
Median Gross Rent
$300 K
Median Home Value
7
Bank Branches
$700 K deposits

Tips for Starting a Daycare Business in Georgia

  • 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.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Daycare Centers
13
Related Businesses
8
Bank Branches
7

vs. National Average

Median Income
-17% vs. $74,580
Walkability
+3.9 pts vs. national avg

Check Another Market

Or estimate costs with the DaycareCalc calculator.

Data sources

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