Daycare Centers Market: ZIP 48840
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48840 is an urban area with low foot traffic. with a population of 12,653 and household incomes near the national median ($74,252).
Area Profile
12,653
Population
$74,252
Median Income
+0% vs. national
Urban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 37.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$1,032
Median Gross Rent
$260 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
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+0% vs. $74,580
Walkability
-2.5 pts vs. national avg
Nearby Markets
48864
4.2 mi
Pop: 23,548
$113,145
Walk: 9.3
48823
5.6 mi
Pop: 49,379
$50,837
Walk: 13.1
48808
6.7 mi
Pop: 6,424
$82,910
48824
7.2 mi
Pop: 2,061
48825
8.0 mi
Pop: 11,127
Walk: 12.1
48848
8.3 mi
Pop: 7,795
$92,928
Walk: 5.5
48895
8.6 mi
Pop: 11,294
$100,565
Walk: 6.3
48912
10.1 mi
Pop: 17,398
$53,072
Walk: 13.8
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