Daycare Centers Market: ZIP 55455
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55455 is an urban area with moderate foot traffic.
Area Profile
5,243
Population
Urban
Area Type
14.7/20
Foot Traffic
Very Car-Dependent
Median Age: 18.9 —
young market, strong street food demand.
College-Educated: 0.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,510
2BR Fair Market Rent
2
Bank Branches
$260 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Walkability
+4.2 pts vs. national avg
Nearby Markets
55454
0.6 mi
Pop: 8,628
$26,429
55414
0.9 mi
Pop: 33,739
$47,004
Walk: 16.8
55415
1.6 mi
Pop: 6,474
$126,480
Walk: 15.7
55413
1.6 mi
Pop: 14,328
$84,252
Walk: 16.5
55404
2.0 mi
Pop: 28,071
$43,932
Walk: 15.7
55402
2.5 mi
Pop: 760
$69,808
55401
2.5 mi
Pop: 11,526
$115,651
55406
2.7 mi
Pop: 35,863
$91,865
Walk: 15.4
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