Daycare Centers Market: ZIP 99005
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99005 is an urban area. with a population of 10,682 and household incomes well above the national median ($123,259).
Area Profile
10,682
Population
$123,259
Median Income
+65% vs. national
Urban
Area Type
Median Age: 40.2 —
older demographic, may prefer sit-down options.
College-Educated: 23.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,185
Median Gross Rent
$490 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.
- The median income here is $123,259. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+65% vs. $74,580
Nearby Markets
99218
6.7 mi
Pop: 16,920
$73,723
Walk: 16.5
99251
7.3 mi
Pop: 981
99208
7.3 mi
Pop: 58,834
$81,084
Walk: 11.1
99003
7.9 mi
Pop: 4,634
$71,624
99217
10.0 mi
Pop: 19,893
$71,807
Walk: 10.8
99207
10.8 mi
Pop: 34,766
$55,548
Walk: 15.5
99205
11.6 mi
Pop: 43,340
$72,547
Walk: 14.3
99021
12.2 mi
Pop: 9,226
$82,895
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