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Daycare Costs Near Hugo, MN (55038)

Opportunity Score

73 / 100 Good

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

Market Summary

ZIP 55038 is an urban area. with a population of 24,246 and household incomes well above the national median ($127,194). There are 5 daycare centers operations in ZIP 55038.

Area Profile

24,246

Population

$127,194

Median Income

+71% vs. national

Urban

Area Type

Median Age: 38.9 — mixed-age market, broad menu appeal.

College-Educated: 33.1% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 55038.

Daycare Centers

Low competition — room to establish

2.1 per 10K residents

Operating Costs

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

$1,844

Median Gross Rent

$410 K

Median Home Value

Bank Branches

$180 K deposits

Childcare Assistance in Minnesota

Families in ZIP 55038 may qualify for state-funded childcare subsidies through Minnesota's CCDF program. Income limits and copays vary by county.

Check Minnesota 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 ›