Home › Michigan › ZIP 48334

Daycare Costs Near Farmington, MI (48334)

Opportunity Score

67 / 100 Good

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

Market Summary

ZIP 48334 is an urban area. with a population of 19,218 and household incomes above the national median ($98,937). There are 6 daycare centers operations in ZIP 48334.

Area Profile

19,218

Population

$98,937

Median Income

+33% vs. national

Urban

Area Type

Median Age: 42.3 — older demographic, may prefer sit-down options.

College-Educated: 41.7% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 48334.

Daycare Centers

Moderate — proven market

3.1 per 10K residents

Schools

2.1 per 10K residents

What this means: Daycare Centers are 60.0% of the relevant market in ZIP 48334 (6 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,511

Median Gross Rent

$330 K

Median Home Value

Bank Branches

$1.9 M deposits

Childcare Assistance in Michigan

Families in ZIP 48334 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 ›