Home › Tennessee › ZIP 38106

Daycare Costs Near Memphis, TN (38106)

Opportunity Score

40 / 100 Fair

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

Market Summary

ZIP 38106 is an urban area. with a population of 21,827 and household incomes below the national median ($29,818). There are 5 daycare centers operations in ZIP 38106.

Area Profile

21,827

Population

$29,818

Median Income

-60% vs. national

Urban

Area Type

Median Age: 42.2 — older demographic, may prefer sit-down options.

College-Educated: 8.4% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 38106.

Daycare Centers

Low competition — room to establish

2.3 per 10K residents

Schools

2.3 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 38106 (5 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$915

Median Gross Rent

$66 K

Median Home Value

Childcare Assistance in Tennessee

Families in ZIP 38106 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 ›