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Daycare Costs Near Hopkinsville, KY (42240)

Opportunity Score

57 / 100 Fair

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

Market Summary

ZIP 42240 is an suburban area. with a population of 41,510 and household incomes below the national median ($49,872). There are 12 daycare centers operations in ZIP 42240.

Area Profile

41,510

Population

$49,872

Median Income

-33% vs. national

Suburban

Area Type

Median Age: 35.4 — mixed-age market, broad menu appeal.

College-Educated: 13.6% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 42240.

Daycare Centers

Moderate — proven market

2.9 per 10K residents

Schools

1.2 per 10K residents

What this means: Daycare Centers are 70.6% of the relevant market in ZIP 42240 (12 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$866

Median Gross Rent

$150 K

Median Home Value

Bank Branches

$1.3 M deposits

Childcare Assistance in Kentucky

Families in ZIP 42240 may qualify for state-funded childcare subsidies through Kentucky's CCDF program. Income limits and copays vary by county.

Check Kentucky 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 ›