Home › Minnesota › ZIP 55427

Daycare Costs Near Minneapolis, MN (55427)

Opportunity Score

63 / 100 Good

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

Market Summary

ZIP 55427 is an urban area. with a population of 24,667 and household incomes above the national median ($92,013). There are 5 daycare centers operations in ZIP 55427.

Area Profile

24,667

Population

$92,013

Median Income

+23% vs. national

Urban

Area Type

Median Age: 40.7 — older demographic, may prefer sit-down options.

College-Educated: 36.1% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 55427.

Daycare Centers

Low competition — room to establish

2.0 per 10K residents

Operating Costs

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

$1,443

Median Gross Rent

$340 K

Median Home Value

Bank Branches

$790 K deposits

Childcare Assistance in Minnesota

Families in ZIP 55427 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 ›