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Daycare Centers Market: ZIP 98105

Opportunity Score

78 / 100 Good

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

Market Summary

ZIP 98105 is an urban area with high foot traffic. with a population of 49,229 and household incomes above the national median ($78,691). There are 19 daycare centers operations in ZIP 98105.

Area Profile

49,229

Population

$78,691

Median Income

+6% vs. national

Urban

Area Type

16.1/20

Foot Traffic

Very Walkable

Median Age: 24.7 — young market, strong street food demand.

College-Educated: 38.0% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 98105.

Daycare Centers

Moderate — proven market

3.9 per 10K residents

Schools

1.0 per 10K residents

What this means: Daycare Centers are 79.2% of the relevant market in ZIP 98105 (19 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,780

2BR Fair Market Rent

$1,803

Median Gross Rent

$1.3 M

Median Home Value

Bank Branches

$2.5 M deposits

Tips for Starting a Daycare Business in Washington

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.