Daycare Centers Market: ZIP 48242
Opportunity Score
14
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48242 is an urban area with low foot traffic.
Area Profile
0
Population
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Walkability
-4.7 pts vs. national avg
Nearby Markets
48174
2.9 mi
Pop: 31,809
$65,675
Walk: 6.3
48184
5.0 mi
Pop: 17,436
$54,572
Walk: 7.9
48186
5.6 mi
Pop: 35,791
$67,203
Walk: 7.4
48141
6.1 mi
Pop: 25,602
$39,632
Walk: 6.9
48180
6.2 mi
Pop: 62,405
$59,537
Walk: 7.6
48164
6.3 mi
Pop: 9,577
$111,173
Walk: 4.8
48125
7.7 mi
Pop: 22,156
$59,534
Walk: 7.8
48135
7.7 mi
Pop: 26,910
$64,396
Walk: 8.4
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