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Daycare Centers Market: ZIP 83642

Opportunity Score

89 / 100 Excellent

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

Market Summary

ZIP 83642 is an urban area. with a population of 58,049 and household incomes above the national median ($96,361). There are 27 daycare centers operations in ZIP 83642.

Area Profile

58,049

Population

$96,361

Median Income

+29% vs. national

Urban

Area Type

Median Age: 38.4 — mixed-age market, broad menu appeal.

College-Educated: 30.0% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 83642.

Daycare Centers

Competitive — differentiation needed

4.7 per 10K residents

Schools

1.0 per 10K residents

What this means: Daycare Centers are 81.8% of the relevant market in ZIP 83642 (27 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,990

2BR Fair Market Rent

$1,629

Median Gross Rent

$490 K

Median Home Value

Bank Branches

$1.6 M deposits

Tips for Starting a Daycare Business in Idaho

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.