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Daycare Costs Near Fergus Falls, MN (56537)

Opportunity Score

49 / 100 Fair

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

Market Summary

ZIP 56537 is an suburban area. with a population of 19,650 and household incomes near the national median ($62,279). There are 3 daycare centers operations in ZIP 56537.

Area Profile

19,650

Population

$62,279

Median Income

-16% vs. national

Suburban

Area Type

Median Age: 42.7 — older demographic, may prefer sit-down options.

College-Educated: 20.8% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 56537.

Daycare Centers

Low competition — room to establish

1.5 per 10K residents

Schools

1.5 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 56537 (3 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$840

Median Gross Rent

$220 K

Median Home Value

Bank Branches

$750 K deposits

Childcare Assistance in Minnesota

Families in ZIP 56537 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.

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