Home › New Mexico › ZIP 87401

Daycare Costs Near Farmington, NM (87401)

Opportunity Score

55 / 100 Fair

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

Market Summary

ZIP 87401 is an urban area. with a population of 45,020 and household incomes near the national median ($56,358). There are 9 daycare centers operations in ZIP 87401.

Area Profile

45,020

Population

$56,358

Median Income

-24% vs. national

Urban

Area Type

Median Age: 36.5 — mixed-age market, broad menu appeal.

College-Educated: 12.5% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 87401.

Daycare Centers

Moderate — proven market

2.0 per 10K residents

Operating Costs

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

$983

Median Gross Rent

$200 K

Median Home Value

Bank Branches

$1.2 M deposits

Childcare Assistance in New Mexico

Families in ZIP 87401 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 ›