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Daycare Centers Market: ZIP 81023

Opportunity Score

34 / 100 Challenging

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

Market Summary

ZIP 81023 is an urban area. with a population of 1,568 and household incomes near the national median ($54,058).

1,568

Population

$54,058

Median Income

-28% vs. national

Urban

Area Type

Median Age: 48.6 — older demographic, may prefer sit-down options.

College-Educated: 30.1% — balanced market for quality & value.

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

$1,140

2BR Fair Market Rent

$1,338

Median Gross Rent

$350 K

Median Home Value

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.