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Daycare Costs Near Minneapolis, MN (55447)

Opportunity Score

77 / 100 Good

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

Market Summary

ZIP 55447 is an urban area. with a population of 21,001 and household incomes well above the national median ($128,781). There are 8 daycare centers operations in ZIP 55447.

Area Profile

21,001

Population

$128,781

Median Income

+73% vs. national

Urban

Area Type

Median Age: 41.3 — older demographic, may prefer sit-down options.

College-Educated: 43.3% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 55447.

Daycare Centers

Moderate — proven market

3.8 per 10K residents

Operating Costs

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

$1,663

Median Gross Rent

$450 K

Median Home Value

Bank Branches

$1.1 M deposits

Childcare Assistance in Minnesota

Families in ZIP 55447 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 ›