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Daycare Costs Near Southfield, MI (48076)

Opportunity Score

71 / 100 Good

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

Market Summary

ZIP 48076 is an urban area. with a population of 24,817 and household incomes above the national median ($85,171). There are 13 daycare centers operations in ZIP 48076.

Area Profile

24,817

Population

$85,171

Median Income

+14% vs. national

Urban

Area Type

Median Age: 45.4 — older demographic, may prefer sit-down options.

College-Educated: 33.0% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 48076.

Daycare Centers

Moderate — proven market

5.2 per 10K residents

Schools

2.4 per 10K residents

What this means: Daycare Centers are 68.4% of the relevant market in ZIP 48076 (13 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,451

Median Gross Rent

$250 K

Median Home Value

Bank Branches

$670 K deposits

Childcare Assistance in Michigan

Families in ZIP 48076 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 ›