Daycare Centers Market: ZIP 55375
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55375 is an urban area. with a population of 4,285 and household incomes well above the national median ($136,250).
Area Profile
4,285
Population
$136,250
Median Income
+83% vs. national
Urban
Area Type
Median Age: 34.9 —
mixed-age market, broad menu appeal.
College-Educated: 30.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,139
Median Gross Rent
$400 K
Median Home Value
1
Bank Branches
$62 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 $136,250. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+83% vs. $74,580
Nearby Markets
55387
4.6 mi
Pop: 14,697
$109,279
Walk: 6.0
55364
4.6 mi
Pop: 13,959
$111,083
Walk: 8.6
55386
5.0 mi
Pop: 10,080
$191,279
Walk: 8.1
55384
7.2 mi
Pop: 1,869
$46,860
55331
8.0 mi
Pop: 19,291
$160,029
Walk: 9.5
55359
8.1 mi
Pop: 7,068
$129,508
55318
8.5 mi
Pop: 29,884
$111,781
Walk: 8.8
55388
9.4 mi
Pop: 5,974
$92,273
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