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Daycare Costs Near Monroe, MI (48162)

Opportunity Score

55 / 100 Fair

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

Market Summary

ZIP 48162 is an urban area. with a population of 28,275 and household incomes near the national median ($68,801). There are 5 daycare centers operations in ZIP 48162.

Area Profile

28,275

Population

$68,801

Median Income

-8% vs. national

Urban

Area Type

Median Age: 42.8 — older demographic, may prefer sit-down options.

College-Educated: 16.8% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 48162.

Daycare Centers

Low competition — room to establish

1.8 per 10K residents

Operating Costs

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

$912

Median Gross Rent

$190 K

Median Home Value

Bank Branches

$620 K deposits

Childcare Assistance in Michigan

Families in ZIP 48162 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 ›