Daycare Centers Market: ZIP 47373
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47373 is an rural area. with a population of 2,218 and household incomes below the national median ($49,199).
Area Profile
2,218
Population
$49,199
Median Income
-34% vs. national
Rural
Area Type
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 8.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$858
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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-34% vs. $74,580
Nearby Markets
47336
5.6 mi
Pop: 2,793
$50,381
Walk: 7.2
47380
8.4 mi
Pop: 1,537
$55,278
Walk: 4.4
47320
9.3 mi
Pop: 4,486
$68,244
47340
11.1 mi
Pop: 3,267
$61,146
47368
11.2 mi
Pop: 2,118
$69,936
Walk: 5.6
47369
11.6 mi
Pop: 1,216
$33,510
Walk: 5.8
47338
12.5 mi
Pop: 2,378
$62,064
47371
14.4 mi
Pop: 12,450
$59,215
Walk: 5.4
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