Daycare Centers Market: ZIP 47018
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47018 is an urban area. with a population of 4,725 and household incomes near the national median ($64,300). There are 4 daycare centers operations in ZIP 47018.
Area Profile
4,725
Population
$64,300
Median Income
-14% vs. national
Urban
Area Type
Median Age: 42.4 —
older demographic, may prefer sit-down options.
College-Educated: 17.7% —
value-focused market, keep prices competitive.
Competition
Daycare Centers and related businesses in ZIP 47018.
4
Daycare Centers
Low competition — room to establish
8.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,120
2BR Fair Market Rent
$948
Median Gross Rent
$190 K
Median Home Value
2
Bank Branches
$82 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.
Quick Facts
- Area Type
- Urban
- Daycare Centers
- 4
- Bank Branches
- 2
vs. National Average
Median Income
-14% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits