Daycare Centers Market: ZIP 48234
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48234 is an urban area with moderate foot traffic. with a population of 32,406 and household incomes below the national median ($36,473). There are 11 daycare centers operations in ZIP 48234.
Area Profile
32,406
Population
$36,473
Median Income
-51% vs. national
Urban
Area Type
11.6/20
Foot Traffic
Walkable
Median Age: 35.3 —
mixed-age market, broad menu appeal.
College-Educated: 7.2% —
value-focused market, keep prices competitive.
Competition
Daycare Centers and related businesses in ZIP 48234.
11
Daycare Centers
Moderate — proven market
3.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$965
Median Gross Rent
$57 K
Median Home Value
2
Bank Branches
$180 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.
- Median income sits at $36,473. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Daycare Centers
- 11
- Bank Branches
- 2
vs. National Average
Median Income
-51% vs. $74,580
Walkability
+1.1 pts vs. national avg
Nearby Markets
48212
1.9 mi
Pop: 42,587
$37,293
Walk: 13.5
48091
2.9 mi
Pop: 30,207
$53,400
Walk: 8.5
48211
3.4 mi
Pop: 5,556
$33,347
Walk: 12.6
48015
3.5 mi
Pop: 8,448
$52,857
Walk: 7.7
48213
3.8 mi
Pop: 19,869
$33,755
Walk: 12.2
48205
4.0 mi
Pop: 32,466
$40,612
Walk: 12.8
48089
4.1 mi
Pop: 32,126
$53,076
Walk: 8.9
48030
4.5 mi
Pop: 14,945
$62,878
Walk: 9.9
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