Daycare Centers Market: ZIP 48614
Opportunity Score
28
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48614 is an suburban area. with a population of 921 and household incomes near the national median ($60,568).
Area Profile
921
Population
$60,568
Median Income
-19% vs. national
Suburban
Area Type
Median Age: 51.2 —
older demographic, may prefer sit-down options.
College-Educated: 8.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,060
2BR Fair Market Rent
$817
Median Gross Rent
$120 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
- Suburban
vs. National Average
Median Income
-19% vs. $74,580
Nearby Markets
48649
8.9 mi
Pop: 1,476
$68,288
Walk: 6.2
48655
10.0 mi
Pop: 5,655
$64,615
Walk: 4.1
48807
10.0 mi
Pop: 706
$59,468
48841
10.4 mi
Pop: 643
$55,875
Walk: 3.5
48637
11.5 mi
Pop: 3,068
$63,900
Walk: 5.7
48831
11.8 mi
Pop: 3,282
$61,800
48626
12.9 mi
Pop: 5,813
$81,961
Walk: 5.8
48662
13.2 mi
Pop: 1,278
$69,112
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