Daycare Centers Market: ZIP 98119
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98119 is an urban area with high foot traffic. with a population of 26,390 and household incomes well above the national median ($125,021). There are 6 daycare centers operations in ZIP 98119.
Area Profile
26,390
Population
$125,021
Median Income
+68% vs. national
Urban
Area Type
16.8/20
Foot Traffic
Very Walkable
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 54.0% —
strong appetite for artisan/specialty food.
Competition
Daycare Centers and related businesses in ZIP 98119.
6
Daycare Centers
Moderate — proven market
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,780
2BR Fair Market Rent
$1,963
Median Gross Rent
$1 M
Median Home Value
3
Bank Branches
$430 K 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.
- The median income here is $125,021. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Daycare Centers
- 6
- Bank Branches
- 3
vs. National Average
Median Income
+68% vs. $74,580
Walkability
+6.3 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits