Daycare Centers Market: ZIP 47634
Opportunity Score
46
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47634 is an urban area. with a population of 2,101 and household incomes near the national median ($64,886).
Area Profile
2,101
Population
$64,886
Median Income
-13% vs. national
Urban
Area Type
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 7.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,390
2BR Fair Market Rent
$1,146
Median Gross Rent
$140 K
Median Home Value
1
Bank Branches
$12 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
- Bank Branches
- 1
vs. National Average
Median Income
-13% vs. $74,580
Nearby Markets
47635
6.8 mi
Pop: 5,578
$63,490
Walk: 5.3
47601
9.2 mi
Pop: 13,119
$77,411
47611
10.6 mi
Pop: 899
$57,917
47630
11.4 mi
Pop: 39,461
$101,462
Walk: 7.1
47637
14.0 mi
Pop: 1,301
$67,000
Walk: 3.4
42355
14.2 mi
Pop: 1,514
$50,720
47537
14.6 mi
Pop: 606
$46,943
42301
14.8 mi
Pop: 45,399
$62,010
Walk: 8.0
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