Daycare Centers Market: ZIP 55065
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55065 is an urban area with low foot traffic. with a population of 1,320 and household incomes well above the national median ($116,500).
Area Profile
1,320
Population
$116,500
Median Income
+56% vs. national
Urban
Area Type
5.0/20
Foot Traffic
Very Car-Dependent
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 22.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,880
2BR Fair Market Rent
$1,486
Median Gross Rent
$370 K
Median Home Value
1
Bank Branches
$5.1 K deposits
Tips for Starting a Daycare Business in Minnesota
- 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 $116,500. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+56% vs. $74,580
Walkability
-5.5 pts vs. national avg
Nearby Markets
55031
6.1 mi
Pop: 1,682
$113,654
55085
9.2 mi
Pop: 409
$93,333
Walk: 5.2
55024
9.3 mi
Pop: 36,681
$123,582
Walk: 7.3
55018
9.8 mi
Pop: 931
$91,071
55009
11.7 mi
Pop: 8,258
$89,023
Walk: 9.5
55057
11.9 mi
Pop: 25,458
$97,521
Walk: 9.3
55068
13.0 mi
Pop: 32,194
$125,271
Walk: 9.9
55053
14.2 mi
Pop: 995
$107,188
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