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Daycare Costs Near Mercer Island, WA (98040)

Opportunity Score

84 / 100 Excellent

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

Market Summary

ZIP 98040 is an urban area. with a population of 25,282 and household incomes well above the national median ($202,359). There are 13 daycare centers operations in ZIP 98040.

Area Profile

25,282

Population

$202,359

Median Income

+171% vs. national

Urban

Area Type

Median Age: 45.8 — older demographic, may prefer sit-down options.

College-Educated: 56.7% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 98040.

Daycare Centers

Moderate — proven market

5.1 per 10K residents

Schools

2.0 per 10K residents

What this means: Daycare Centers are 72.2% of the relevant market in ZIP 98040 (13 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,464

Median Gross Rent

$1.9 M

Median Home Value

Bank Branches

$1.5 M deposits

Childcare Assistance in Washington

Families in ZIP 98040 may qualify for state-funded childcare subsidies through Washington's CCDF program. Income limits and copays vary by county.

Check Washington 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 ›