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Daycare Centers Market: ZIP 98199

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98199 is an urban area with high foot traffic. with a population of 22,751 and household incomes well above the national median ($176,729). There are 11 daycare centers operations in ZIP 98199.

Area Profile

22,751
Population
$176,729
Median Income
+137% vs. national
Urban
Area Type
15.4/20
Foot Traffic
Very Walkable
Median Age: 39.3 — mixed-age market, broad menu appeal.
College-Educated: 59.6% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 98199.

11
Daycare Centers
Moderate — proven market
4.8 per 10K residents

Operating Costs

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

$3,110
2BR Fair Market Rent
$2,461
Median Gross Rent
$1.2 M
Median Home Value
5
Bank Branches
$620 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 $176,729. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits