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Daycare Costs Near Southfield, MI (48034)

Opportunity Score

48 / 100 Fair

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

Market Summary

ZIP 48034 is an urban area. with a population of 15,213 and household incomes near the national median ($59,634). There are 3 daycare centers operations in ZIP 48034.

Area Profile

15,213

Population

$59,634

Median Income

-20% vs. national

Urban

Area Type

Median Age: 41.5 — older demographic, may prefer sit-down options.

College-Educated: 31.5% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 48034.

Daycare Centers

Low competition — room to establish

2.0 per 10K residents

Operating Costs

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

$1,275

Median Gross Rent

$260 K

Median Home Value

Bank Branches

$1.9 M deposits

Childcare Assistance in Michigan

Families in ZIP 48034 may qualify for state-funded childcare subsidies through Michigan's CCDF program. Income limits and copays vary by county.

Check Michigan subsidy eligibility ›

Already Getting a Subsidy? See How Much More You Can Save

The federal dependent care credit and Dependent Care FSA stack on top of subsidies. Most families save an additional $600–$2,100/year — in 10 seconds.

Calculate your tax savings ›