Daycare Centers Market: ZIP 48421
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48421 is an urban area. with a population of 6,488 and household incomes near the national median ($69,597).
Area Profile
6,488
Population
$69,597
Median Income
-7% vs. national
Urban
Area Type
Median Age: 47.7 —
older demographic, may prefer sit-down options.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$698
Median Gross Rent
$210 K
Median Home Value
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
vs. National Average
Median Income
-7% vs. $74,580
Nearby Markets
48464
4.2 mi
Pop: 1,986
$64,464
Walk: 2.6
48435
6.6 mi
Pop: 2,592
$83,142
48446
8.0 mi
Pop: 30,807
$66,382
Walk: 5.6
48463
8.7 mi
Pop: 4,536
$69,893
48423
11.5 mi
Pop: 33,508
$64,096
Walk: 6.3
48746
12.5 mi
Pop: 8,148
$67,879
Walk: 3.8
48461
13.2 mi
Pop: 8,256
$76,597
Walk: 3.6
48744
13.5 mi
Pop: 4,387
$58,435
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