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Daycare Centers Market: ZIP 83702

Opportunity Score

67 / 100 Good

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

Market Summary

ZIP 83702 is an urban area. with a population of 23,981 and household incomes above the national median ($82,586). There are 10 daycare centers operations in ZIP 83702.

Area Profile

23,981

Population

$82,586

Median Income

+11% vs. national

Urban

Area Type

Median Age: 41.0 — older demographic, may prefer sit-down options.

College-Educated: 45.5% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 83702.

Daycare Centers

Moderate — proven market

4.2 per 10K residents

Schools

2.5 per 10K residents

What this means: Daycare Centers are 62.5% of the relevant market in ZIP 83702 (10 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,600

2BR Fair Market Rent

$1,175

Median Gross Rent

$710 K

Median Home Value

Bank Branches

$6.3 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.