DaycareCalc
Showing results for ZIP 49264 (MI)
Home ZIP 46406

Daycare Centers Market: ZIP 46406

Opportunity Score
48 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 46406 is an urban area with low foot traffic. with a population of 8,513 and household incomes below the national median ($35,631).

Area Profile

8,513
Population
$35,631
Median Income
-52% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 32.4 — mixed-age market, broad menu appeal.
College-Educated: 5.2% — value-focused market, keep prices competitive.

Operating Costs

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

$1,080
2BR Fair Market Rent
$972
Median Gross Rent
$86 K
Median Home Value

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 $35,631. 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