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Daycare Costs Near Redford, MI (48240)

Opportunity Score

59 / 100 Fair

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

Market Summary

ZIP 48240 is an urban area. with a population of 17,097 and household incomes near the national median ($57,970). There are 11 daycare centers operations in ZIP 48240.

Area Profile

17,097

Population

$57,970

Median Income

-22% vs. national

Urban

Area Type

Median Age: 37.5 — mixed-age market, broad menu appeal.

College-Educated: 15.4% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 48240.

Daycare Centers

Moderate — proven market

6.4 per 10K residents

Operating Costs

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

$1,326

Median Gross Rent

$120 K

Median Home Value

Bank Branches

$220 K deposits

Childcare Assistance in Michigan

Families in ZIP 48240 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 ›