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Daycare Costs Near Troy, MI (48098)

Opportunity Score

73 / 100 Good

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

Market Summary

ZIP 48098 is an urban area. with a population of 20,658 and household incomes well above the national median ($165,781). There are 5 daycare centers operations in ZIP 48098.

Area Profile

20,658

Population

$165,781

Median Income

+122% vs. national

Urban

Area Type

Median Age: 46.0 — older demographic, may prefer sit-down options.

College-Educated: 53.0% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 48098.

Daycare Centers

Low competition — room to establish

2.4 per 10K residents

Operating Costs

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

$1,720

Median Gross Rent

$490 K

Median Home Value

Bank Branches

$8.9 M deposits

Childcare Assistance in Michigan

Families in ZIP 48098 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 ›