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Daycare Costs Near Detroit, MI (48202)

Opportunity Score

43 / 100 Fair

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

Market Summary

ZIP 48202 is an urban area. with a population of 14,792 and household incomes below the national median ($36,536). There are 5 daycare centers operations in ZIP 48202.

Area Profile

14,792

Population

$36,536

Median Income

-51% vs. national

Urban

Area Type

Median Age: 32.5 — mixed-age market, broad menu appeal.

College-Educated: 25.4% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 48202.

Daycare Centers

Low competition — room to establish

3.4 per 10K residents

Schools

5.4 per 10K residents

What this means: Daycare Centers are 38.5% of the relevant market in ZIP 48202 (5 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$894

Median Gross Rent

$190 K

Median Home Value

Bank Branches

$1.1 M deposits

Childcare Assistance in Michigan

Families in ZIP 48202 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 ›