Daycare Centers Market: ZIP 98597
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98597 is an urban area with low foot traffic. with a population of 26,431 and household incomes above the national median ($92,120). There are 7 daycare centers operations in ZIP 98597.
Area Profile
26,431
Population
$92,120
Median Income
+24% vs. national
Urban
Area Type
5.5/20
Foot Traffic
Very Car-Dependent
Median Age: 36.2 —
mixed-age market, broad menu appeal.
College-Educated: 15.2% —
value-focused market, keep prices competitive.
Competition
Daycare Centers and related businesses in ZIP 98597.
7
Daycare Centers
Moderate — proven market
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,860
2BR Fair Market Rent
$1,441
Median Gross Rent
$420 K
Median Home Value
3
Bank Branches
$150 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Daycare Centers
- 7
- Bank Branches
- 3
vs. National Average
Median Income
+24% vs. $74,580
Walkability
-5.0 pts vs. national avg
Nearby Markets
98558
7.9 mi
Pop: 61
98580
9.9 mi
Pop: 11,472
$110,428
Walk: 4.5
98576
10.7 mi
Pop: 5,063
$101,336
98533
14.3 mi
Pop: 774
$35,887
98387
16.6 mi
Pop: 49,940
$101,141
Walk: 7.1
98570
18.3 mi
Pop: 5,060
$65,682
Walk: 3.7
98513
19.5 mi
Pop: 37,953
$108,270
Walk: 10.7
98338
19.9 mi
Pop: 32,726
$112,788
Walk: 5.7
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