DaycareCalc
Showing results for ZIP 56716 (MN)
Home ZIP 48021

Daycare Centers Market: ZIP 48021

Opportunity Score
52 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48021 is an urban area with low foot traffic. with a population of 34,003 and household incomes near the national median ($58,196). There are 8 daycare centers operations in ZIP 48021.

Area Profile

34,003
Population
$58,196
Median Income
-22% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 36.4 — mixed-age market, broad menu appeal.
College-Educated: 10.1% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 48021.

8
Daycare Centers
Moderate — proven market
2.4 per 10K residents

Operating Costs

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

$1,490
2BR Fair Market Rent
$1,335
Median Gross Rent
$130 K
Median Home Value
4
Bank Branches
$600 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits