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Daycare Costs Near Memphis, TN (38141)

Opportunity Score

53 / 100 Fair

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

Market Summary

ZIP 38141 is an urban area. with a population of 23,768 and household incomes near the national median ($64,050). There are 6 daycare centers operations in ZIP 38141.

Area Profile

23,768

Population

$64,050

Median Income

-14% vs. national

Urban

Area Type

Median Age: 32.1 — mixed-age market, broad menu appeal.

College-Educated: 10.0% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 38141.

Daycare Centers

Moderate — proven market

2.5 per 10K residents

Operating Costs

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

$1,389

Median Gross Rent

$150 K

Median Home Value

Bank Branches

$56 K deposits

Childcare Assistance in Tennessee

Families in ZIP 38141 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 ›