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Daycare Costs Near Red Wing, MN (55066)

Opportunity Score

55 / 100 Fair

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

Market Summary

ZIP 55066 is an suburban area. with a population of 19,125 and household incomes near the national median ($70,529). There are 5 daycare centers operations in ZIP 55066.

Area Profile

19,125

Population

$70,529

Median Income

-5% vs. national

Suburban

Area Type

Median Age: 42.5 — older demographic, may prefer sit-down options.

College-Educated: 19.4% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 55066.

Daycare Centers

Low competition — room to establish

2.6 per 10K residents

Schools

2.1 per 10K residents

What this means: Daycare Centers are 55.6% of the relevant market in ZIP 55066 (5 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$958

Median Gross Rent

$240 K

Median Home Value

Bank Branches

$490 K deposits

Childcare Assistance in Minnesota

Families in ZIP 55066 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.

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