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Daycare Centers Market: ZIP 98121

Opportunity Score

77 / 100 Good

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

Market Summary

ZIP 98121 is an urban area with high foot traffic. with a population of 20,904 and household incomes well above the national median ($148,974). There are 3 daycare centers operations in ZIP 98121.

Area Profile

20,904

Population

$148,974

Median Income

+100% vs. national

Urban

Area Type

19.1/20

Foot Traffic

Very Walkable

Median Age: 33.3 — mixed-age market, broad menu appeal.

College-Educated: 71.9% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 98121.

Daycare Centers

Low competition — room to establish

1.4 per 10K residents

Operating Costs

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

$4,010

2BR Fair Market Rent

$2,329

Median Gross Rent

$800 K

Median Home Value

Bank Branches

$920 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 $148,974. That gives you pricing room most markets don't offer. Don't underprice.