Home › Michigan › ZIP 48205

Daycare Costs Near Detroit, MI (48205)

Opportunity Score

51 / 100 Fair

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

Market Summary

ZIP 48205 is an urban area. with a population of 32,466 and household incomes below the national median ($40,612). There are 10 daycare centers operations in ZIP 48205.

Area Profile

32,466

Population

$40,612

Median Income

-46% vs. national

Urban

Area Type

Median Age: 31.9 — mixed-age market, broad menu appeal.

College-Educated: 5.7% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 48205.

Daycare Centers

Moderate — proven market

3.1 per 10K residents

Operating Costs

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

$1,149

Median Gross Rent

$56 K

Median Home Value

Bank Branches

$360 K deposits

Childcare Assistance in Michigan

Families in ZIP 48205 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 ›