Daycare Centers Market: ZIP 55085
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55085 is an urban area with low foot traffic. with a population of 409 and household incomes above the national median ($93,333).
Area Profile
409
Population
$93,333
Median Income
+25% vs. national
Urban
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 50.1 —
older demographic, may prefer sit-down options.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,021
Median Gross Rent
$290 K
Median Home Value
1
Bank Branches
$430 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+25% vs. $74,580
Walkability
-5.3 pts vs. national avg
Nearby Markets
55031
3.9 mi
Pop: 1,682
$113,654
55033
7.8 mi
Pop: 29,241
$102,026
Walk: 8.4
55068
8.2 mi
Pop: 32,194
$125,271
Walk: 9.9
55065
9.2 mi
Pop: 1,320
$116,500
Walk: 5.0
55016
10.4 mi
Pop: 39,925
$121,295
Walk: 7.8
55071
10.7 mi
Pop: 5,807
$98,945
Walk: 6.6
55024
12.2 mi
Pop: 36,681
$123,582
Walk: 7.3
55076
12.2 mi
Pop: 21,258
$98,026
Walk: 13.0
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