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Daycare Costs Near Madison, IN (47250)

Opportunity Score

51 / 100 Fair

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

Market Summary

ZIP 47250 is an suburban area. with a population of 23,013 and household incomes near the national median ($56,667). There are 6 daycare centers operations in ZIP 47250.

Area Profile

23,013

Population

$56,667

Median Income

-24% vs. national

Suburban

Area Type

Median Age: 43.1 — older demographic, may prefer sit-down options.

College-Educated: 13.7% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 47250.

Daycare Centers

Moderate — proven market

2.6 per 10K residents

Schools

2.2 per 10K residents

What this means: Daycare Centers are 54.5% of the relevant market in ZIP 47250 (6 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$857

Median Gross Rent

$180 K

Median Home Value

Bank Branches

$520 K deposits

Childcare Assistance in Indiana

Families in ZIP 47250 may qualify for state-funded childcare subsidies through Indiana's CCDF program. Income limits and copays vary by county.

Check Indiana 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 ›