Home › Tennessee › ZIP 38107

Daycare Costs Near Memphis, TN (38107)

Opportunity Score

41 / 100 Fair

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

Market Summary

ZIP 38107 is an urban area. with a population of 14,254 and household incomes below the national median ($36,393). There are 4 daycare centers operations in ZIP 38107.

Area Profile

14,254

Population

$36,393

Median Income

-51% vs. national

Urban

Area Type

Median Age: 38.1 — mixed-age market, broad menu appeal.

College-Educated: 17.0% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 38107.

Daycare Centers

Low competition — room to establish

2.8 per 10K residents

Schools

2.8 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 38107 (4 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$999

Median Gross Rent

$130 K

Median Home Value

Childcare Assistance in Tennessee

Families in ZIP 38107 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 ›