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Daycare Costs Near Memphis, TN (38104)

Opportunity Score

55 / 100 Fair

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

Market Summary

ZIP 38104 is an urban area. with a population of 22,925 and household incomes near the national median ($56,452). There are 9 daycare centers operations in ZIP 38104.

Area Profile

22,925

Population

$56,452

Median Income

-24% vs. national

Urban

Area Type

Median Age: 37.3 — mixed-age market, broad menu appeal.

College-Educated: 40.7% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 38104.

Daycare Centers

Moderate — proven market

3.9 per 10K residents

Schools

1.7 per 10K residents

What this means: Daycare Centers are 69.2% of the relevant market in ZIP 38104 (9 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,073

Median Gross Rent

$300 K

Median Home Value

Bank Branches

$730 K deposits

Childcare Assistance in Tennessee

Families in ZIP 38104 may qualify for state-funded childcare subsidies through Tennessee's CCDF program. Income limits and copays vary by county.

Check Tennessee 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.

Calculate your tax savings ›