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Daycare Costs Near Royal Oak, MI (48067)

Opportunity Score

67 / 100 Good

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

Market Summary

ZIP 48067 is an urban area. with a population of 24,496 and household incomes well above the national median ($107,355). There are 4 daycare centers operations in ZIP 48067.

Area Profile

24,496

Population

$107,355

Median Income

+44% vs. national

Urban

Area Type

Median Age: 35.6 — mixed-age market, broad menu appeal.

College-Educated: 52.1% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 48067.

Daycare Centers

Low competition — room to establish

1.6 per 10K residents

Operating Costs

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

$1,435

Median Gross Rent

$310 K

Median Home Value

Bank Branches

$620 K deposits

Childcare Assistance in Michigan

Families in ZIP 48067 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 ›