Daycare Centers Market: ZIP 48164
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48164 is an urban area with low foot traffic. with a population of 9,577 and household incomes well above the national median ($111,173).
Area Profile
9,577
Population
$111,173
Median Income
+49% vs. national
Urban
Area Type
4.8/20
Foot Traffic
Very Car-Dependent
Median Age: 47.9 —
older demographic, may prefer sit-down options.
College-Educated: 18.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,860
2BR Fair Market Rent
$1,495
Median Gross Rent
$310 K
Median Home Value
1
Bank Branches
$84 K deposits
Tips for Starting a Daycare Business in Michigan
- Licensing comes first. State childcare licensing takes 3-6 months in most states. Start that paperwork before you sign a lease.
- Staff-to-child ratios are set by law and they dictate your entire cost structure. Know your state's ratios before building a financial model.
- Location matters more than marketing. Parents pick daycares within 10 minutes of home or work. Proximity to commuter routes beats a nice website.
- Insurance costs $3,000-$10,000/year depending on your state and capacity. Get quotes early. Some carriers won't cover home-based operations.
- The median income here is $111,173. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+49% vs. $74,580
Walkability
-5.7 pts vs. national avg
Nearby Markets
48117
5.7 mi
Pop: 10,199
$76,600
48242
6.3 mi
Pop: 0
Walk: 5.8
48134
7.2 mi
Pop: 24,472
$88,821
48111
7.3 mi
Pop: 44,193
$74,125
Walk: 7.6
48174
7.3 mi
Pop: 31,809
$65,675
Walk: 6.3
48184
9.8 mi
Pop: 17,436
$54,572
Walk: 7.9
48180
11.0 mi
Pop: 62,405
$59,537
Walk: 7.6
48186
11.3 mi
Pop: 35,791
$67,203
Walk: 7.4
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits