DaycareCalc
Showing results for ZIP 55331 (MN)
Home ZIP 97005

Daycare Centers Market: ZIP 97005

Opportunity Score
78 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 97005 is an urban area with high foot traffic. with a population of 27,812 and household incomes near the national median ($74,306). There are 21 daycare centers operations in ZIP 97005.

Area Profile

27,812
Population
$74,306
Median Income
+0% vs. national
Urban
Area Type
16.2/20
Foot Traffic
Very Walkable
Median Age: 36.2 — mixed-age market, broad menu appeal.
College-Educated: 27.3% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 97005.

21
Daycare Centers
Competitive — differentiation needed
7.6 per 10K residents
3
Schools
1.1 per 10K residents
What this means: Daycare Centers are 87.5% of the relevant market in ZIP 97005 (21 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,870
2BR Fair Market Rent
$1,551
Median Gross Rent
$480 K
Median Home Value
9
Bank Branches
$1.5 M deposits

Tips for Starting a Daycare Business in Oregon

  • 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
Foot Traffic
Very Walkable
Daycare Centers
21
Related Businesses
3
Bank Branches
9

vs. National Average

Median Income
+0% vs. $74,580
Walkability
+5.7 pts vs. national avg

Check Another Market

Or estimate costs with the DaycareCalc calculator.

Data sources

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