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Daycare Costs Near Lafayette, LA (70508)

Opportunity Score

65 / 100 Good

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

Market Summary

ZIP 70508 is an urban area. with a population of 39,364 and household incomes above the national median ($88,017). There are 8 daycare centers operations in ZIP 70508.

Area Profile

39,364

Population

$88,017

Median Income

+18% vs. national

Urban

Area Type

Median Age: 37.5 — mixed-age market, broad menu appeal.

College-Educated: 33.4% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 70508.

Daycare Centers

Moderate — proven market

2.0 per 10K residents

Schools

1.3 per 10K residents

What this means: Daycare Centers are 61.5% of the relevant market in ZIP 70508 (8 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,244

Median Gross Rent

$300 K

Median Home Value

Bank Branches

$2.8 M deposits

Childcare Assistance in Louisiana

Families in ZIP 70508 may qualify for state-funded childcare subsidies through Louisiana's CCDF program. Income limits and copays vary by county.

Check Louisiana 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 ›