Home › ZIP 47401

Daycare Centers Market: ZIP 47401

Opportunity Score

57 / 100 Fair

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

Market Summary

ZIP 47401 is an urban area with moderate foot traffic. with a population of 40,084 and household incomes near the national median ($65,643). There are 6 daycare centers operations in ZIP 47401.

Area Profile

40,084

Population

$65,643

Median Income

-12% vs. national

Urban

Area Type

12.8/20

Foot Traffic

Walkable

Median Age: 37.3 — mixed-age market, broad menu appeal.

College-Educated: 40.6% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 47401.

Daycare Centers

Moderate — proven market

1.5 per 10K residents

Schools

1.0 per 10K residents

What this means: Daycare Centers are 60.0% of the relevant market in ZIP 47401 (6 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,250

2BR Fair Market Rent

$1,181

Median Gross Rent

$330 K

Median Home Value

Bank Branches

$1.3 M 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.