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Daycare Centers Market: ZIP 97031

Opportunity Score

77 / 100 Good

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

Market Summary

ZIP 97031 is an suburban area. with a population of 19,145 and household incomes above the national median ($86,085). There are 17 daycare centers operations in ZIP 97031.

Area Profile

19,145

Population

$86,085

Median Income

+15% vs. national

Suburban

Area Type

Median Age: 39.7 — mixed-age market, broad menu appeal.

College-Educated: 28.8% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 97031.

Daycare Centers

Moderate — proven market

8.9 per 10K residents

Schools

1.6 per 10K residents

What this means: Daycare Centers are 85.0% of the relevant market in ZIP 97031 (17 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,920

2BR Fair Market Rent

$1,411

Median Gross Rent

$610 K

Median Home Value

Bank Branches

$610 K 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.