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Daycare Costs Near Saint Paul, MN (55116)

Opportunity Score

63 / 100 Good

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

Market Summary

ZIP 55116 is an urban area. with a population of 26,099 and household incomes above the national median ($83,156). There are 7 daycare centers operations in ZIP 55116.

Area Profile

26,099

Population

$83,156

Median Income

+11% vs. national

Urban

Area Type

Median Age: 41.2 — older demographic, may prefer sit-down options.

College-Educated: 43.5% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 55116.

Daycare Centers

Moderate — proven market

2.7 per 10K residents

Schools

1.9 per 10K residents

What this means: Daycare Centers are 58.3% of the relevant market in ZIP 55116 (7 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,279

Median Gross Rent

$410 K

Median Home Value

Bank Branches

$1.1 M deposits

Childcare Assistance in Minnesota

Families in ZIP 55116 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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