Home › ZIP 58501

Daycare Centers Market: ZIP 58501

Opportunity Score

64 / 100 Good

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

Market Summary

ZIP 58501 is an urban area with low foot traffic. with a population of 28,571 and household incomes near the national median ($69,796). There are 17 daycare centers operations in ZIP 58501.

Area Profile

28,571

Population

$69,796

Median Income

-6% vs. national

Urban

Area Type

8.7/20

Foot Traffic

Car-Dependent

Median Age: 37.1 — mixed-age market, broad menu appeal.

College-Educated: 24.1% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 58501.

Daycare Centers

Moderate — proven market

6.0 per 10K residents

Schools

1.4 per 10K residents

What this means: Daycare Centers are 81.0% of the relevant market in ZIP 58501 (17 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,000

2BR Fair Market Rent

$938

Median Gross Rent

$280 K

Median Home Value

Bank Branches

$3.2 M deposits

Tips for Starting a Daycare Business in North Dakota

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.