DaycareCalc
Showing results for ZIP 55339 (MN)
Home ZIP 55079

Daycare Centers Market: ZIP 55079

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55079 is an urban area with low foot traffic. with a population of 8,840 and household incomes well above the national median ($111,484).

Area Profile

8,840
Population
$111,484
Median Income
+49% vs. national
Urban
Area Type
4.4/20
Foot Traffic
Very Car-Dependent
Median Age: 42.0 — older demographic, may prefer sit-down options.
College-Educated: 12.5% — value-focused market, keep prices competitive.

Operating Costs

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

$1,650
2BR Fair Market Rent
$1,547
Median Gross Rent
$340 K
Median Home Value
1
Bank Branches
$30 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 $111,484. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits