Home › Minnesota › ZIP 55408

Daycare Costs Near Minneapolis, MN (55408)

Opportunity Score

72 / 100 Good

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

Market Summary

ZIP 55408 is an urban area. with a population of 32,534 and household incomes near the national median ($72,421). There are 17 daycare centers operations in ZIP 55408.

Area Profile

32,534

Population

$72,421

Median Income

-3% vs. national

Urban

Area Type

Median Age: 30.1 — mixed-age market, broad menu appeal.

College-Educated: 41.9% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 55408.

Daycare Centers

Moderate — proven market

5.2 per 10K residents

Schools

0.9 per 10K residents

What this means: Daycare Centers are 85.0% of the relevant market in ZIP 55408 (17 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,385

Median Gross Rent

$390 K

Median Home Value

Bank Branches

$1.1 M deposits

Childcare Assistance in Minnesota

Families in ZIP 55408 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.

Calculate your tax savings ›