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Daycare Centers Market: ZIP 38004

Opportunity Score

63 / 100 Good

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

Market Summary

ZIP 38004 is an urban area. with a population of 11,696 and household incomes above the national median ($90,451). There are 5 daycare centers operations in ZIP 38004.

Area Profile

11,696

Population

$90,451

Median Income

+21% vs. national

Urban

Area Type

Median Age: 39.5 — mixed-age market, broad menu appeal.

College-Educated: 20.5% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 38004.

Daycare Centers

Low competition — room to establish

4.3 per 10K residents

Operating Costs

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

$1,620

2BR Fair Market Rent

$1,282

Median Gross Rent

$280 K

Median Home Value

Bank Branches

$210 K deposits

Tips for Starting a Daycare Business in Tennessee

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.