Daycare Centers Market: ZIP 48821
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48821 is an urban area. with a population of 6,180 and household incomes well above the national median ($103,652).
Area Profile
6,180
Population
$103,652
Median Income
+39% vs. national
Urban
Area Type
Median Age: 47.0 —
older demographic, may prefer sit-down options.
College-Educated: 27.6% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$1,003
Median Gross Rent
$240 K
Median Home Value
1
Bank Branches
$29 K deposits
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.
- The median income here is $103,652. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+39% vs. $74,580
Nearby Markets
48876
5.7 mi
Pop: 4,301
$72,895
Walk: 6.5
48911
5.8 mi
Pop: 40,407
$54,882
Walk: 9.1
48917
5.9 mi
Pop: 32,029
$73,259
Walk: 10.9
48842
7.7 mi
Pop: 21,504
$86,830
Walk: 12.5
48915
8.8 mi
Pop: 9,315
$51,653
Walk: 14.6
48933
9.0 mi
Pop: 3,349
$36,895
Walk: 13.7
48827
9.1 mi
Pop: 16,070
$76,230
Walk: 4.7
48910
9.5 mi
Pop: 32,801
$52,154
Walk: 13.0
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