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Home ZIP 98850

Daycare Centers Market: ZIP 98850

Opportunity Score
39 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98850 is an urban area with low foot traffic. with a population of 1,825 and household incomes above the national median ($76,250).

Area Profile

1,825
Population
$76,250
Median Income
+2% vs. national
Urban
Area Type
4.0/20
Foot Traffic
Very Car-Dependent
Median Age: 37.0 — mixed-age market, broad menu appeal.
College-Educated: 4.5% — value-focused market, keep prices competitive.

Operating Costs

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

$1,460
2BR Fair Market Rent
$1,183
Median Gross Rent
$330 K
Median Home Value

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

vs. National Average

Median Income
+2% vs. $74,580
Walkability
-6.5 pts vs. national avg

Check Another Market

Or estimate costs with the DaycareCalc calculator.

Data sources

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