Daycare Centers Market: ZIP 48014
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48014 is an urban area with low foot traffic. with a population of 4,319 and household incomes near the national median ($70,341).
Area Profile
4,319
Population
$70,341
Median Income
-6% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 7.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$827
Median Gross Rent
$210 K
Median Home Value
2
Bank Branches
$79 K deposits
Tips for Starting a Daycare Business in Michigan
- 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
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-4.6 pts vs. national avg
Nearby Markets
48002
6.3 mi
Pop: 3,129
$91,889
48444
8.2 mi
Pop: 9,320
$69,010
Walk: 5.1
48022
8.9 mi
Pop: 2,517
$89,702
Walk: 3.8
48097
9.8 mi
Pop: 5,400
$58,177
48003
10.0 mi
Pop: 6,045
$88,533
Walk: 8.9
48041
10.4 mi
Pop: 4,385
$87,599
Walk: 4.2
48005
11.8 mi
Pop: 5,315
$110,946
Walk: 6.1
48416
13.7 mi
Pop: 5,216
$68,650
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