DaycareCalc
Showing results for ZIP 56667 (MN)
Home ZIP 93701

Daycare Centers Market: ZIP 93701

Opportunity Score
41 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 93701 is an urban area. with a population of 10,258 and household incomes below the national median ($32,192). There are 5 daycare centers operations in ZIP 93701.

Area Profile

10,258
Population
$32,192
Median Income
-57% vs. national
Urban
Area Type
Median Age: 31.7 — mixed-age market, broad menu appeal.
College-Educated: 4.6% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 93701.

5
Daycare Centers
Low competition — room to establish
4.9 per 10K residents

Operating Costs

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

$1,300
2BR Fair Market Rent
$926
Median Gross Rent
$210 K
Median Home Value

Tips for Starting a Daycare Business in California

  • 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.
  • Median income sits at $32,192. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits