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Daycare Costs Near Memphis, TN (38122)

Opportunity Score

43 / 100 Fair

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

Market Summary

ZIP 38122 is an urban area. with a population of 25,310 and household incomes below the national median ($45,456). There are 3 daycare centers operations in ZIP 38122.

Area Profile

25,310

Population

$45,456

Median Income

-39% vs. national

Urban

Area Type

Median Age: 31.4 — mixed-age market, broad menu appeal.

College-Educated: 13.1% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 38122.

Daycare Centers

Low competition — room to establish

1.2 per 10K residents

Schools

1.2 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 38122 (3 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,127

Median Gross Rent

$110 K

Median Home Value

Bank Branches

$340 K deposits

Childcare Assistance in Tennessee

Families in ZIP 38122 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.

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