Daycare Costs Near Ferndale, MI (48220)
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48220 is an urban area. with a population of 21,502 and household incomes above the national median ($86,095).
Area Profile
21,502
Population
$86,095
Median Income
+15% vs. national
Urban
Area Type
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 42.6% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,191
Median Gross Rent
$230 K
Median Home Value
4
Bank Branches
$270 K deposits
Childcare Assistance in Michigan
Families in ZIP 48220 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 ›Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 4
vs. National Average
Median Income
+15% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the DaycareCalc calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits