Daycare Centers Market: ZIP 47405
Opportunity Score
32
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47405 is an urban area.
Area Profile
1,249
Population
Urban
Area Type
Median Age: 19.3 —
young market, strong street food demand.
College-Educated: 0.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
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
Nearby Markets
47406
0.7 mi
Pop: 8,356
Walk: 15.0
47408
5.7 mi
Pop: 21,660
$45,584
Walk: 13.1
47404
6.0 mi
Pop: 23,614
$54,674
Walk: 12.1
47458
6.8 mi
Pop: 19
Walk: 5.3
47401
7.0 mi
Pop: 40,084
$65,643
Walk: 12.8
47403
8.5 mi
Pop: 34,410
$68,703
Walk: 10.8
47429
9.9 mi
Pop: 7,402
$88,625
Walk: 6.2
47434
10.8 mi
Pop: 13
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