Home › New Mexico › ZIP 87120

Daycare Costs Near Albuquerque, NM (87120)

Opportunity Score

75 / 100 Good

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

Market Summary

ZIP 87120 is an urban area. with a population of 65,477 and household incomes above the national median ($84,887). There are 16 daycare centers operations in ZIP 87120.

Area Profile

65,477

Population

$84,887

Median Income

+14% vs. national

Urban

Area Type

Median Age: 39.8 — mixed-age market, broad menu appeal.

College-Educated: 27.9% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 87120.

Daycare Centers

Moderate — proven market

2.4 per 10K residents

Schools

1.1 per 10K residents

What this means: Daycare Centers are 69.6% of the relevant market in ZIP 87120 (16 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,404

Median Gross Rent

$280 K

Median Home Value

Bank Branches

$2.7 M deposits

Childcare Assistance in New Mexico

Families in ZIP 87120 may qualify for state-funded childcare subsidies through New Mexico's CCDF program. Income limits and copays vary by county.

Check New Mexico 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 ›