DaycareCalc
Showing results for ZIP 49007 (MI)
Home ZIP 46402

Daycare Centers Market: ZIP 46402

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 46402 is an urban area with low foot traffic. with a population of 5,636 and household incomes below the national median ($29,125).

Area Profile

5,636
Population
$29,125
Median Income
-61% vs. national
Urban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 34.6 — mixed-age market, broad menu appeal.
College-Educated: 5.9% — value-focused market, keep prices competitive.

Operating Costs

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

$980
2BR Fair Market Rent
$904
Median Gross Rent
$61 K
Median Home Value
2
Bank Branches
$150 K deposits

Tips for Starting a Daycare Business in Indiana

  • Licensing comes first. State childcare licensing takes 3-6 months in most states. Start that paperwork before you sign a lease.
  • Staff-to-child ratios are set by law and they dictate your entire cost structure. Know your state's ratios before building a financial model.
  • Location matters more than marketing. Parents pick daycares within 10 minutes of home or work. Proximity to commuter routes beats a nice website.
  • Insurance costs $3,000-$10,000/year depending on your state and capacity. Get quotes early. Some carriers won't cover home-based operations.
  • Median income sits at $29,125. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits