Daycare Centers Market: ZIP 88008
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 88008 is an urban area. with a population of 11,776 and household incomes near the national median ($69,502).
Area Profile
11,776
Population
$69,502
Median Income
-7% vs. national
Urban
Area Type
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 23.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$1,191
Median Gross Rent
$230 K
Median Home Value
2
Bank Branches
$95 K deposits
Tips for Starting a Daycare Business in New Mexico
- 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
-7% vs. $74,580
Nearby Markets
79932
11.0 mi
Pop: 29,524
$76,789
Walk: 8.6
88021
12.1 mi
Pop: 16,102
$49,345
Walk: 5.6
79835
13.7 mi
Pop: 12,289
$42,955
Walk: 5.8
79922
13.9 mi
Pop: 7,162
$89,364
Walk: 11.1
88063
14.3 mi
Pop: 11,282
$35,947
Walk: 9.2
79821
15.4 mi
Pop: 6,550
$58,171
Walk: 6.6
79912
15.5 mi
Pop: 79,126
$72,290
Walk: 11.5
88027
15.9 mi
Pop: 589
$62,361
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits