Daycare Centers Market: ZIP 99016
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99016 is an urban area. with a population of 20,260 and household incomes above the national median ($94,253).
Area Profile
20,260
Population
$94,253
Median Income
+26% vs. national
Urban
Area Type
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 26.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,840
2BR Fair Market Rent
$1,715
Median Gross Rent
$450 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
vs. National Average
Median Income
+26% vs. $74,580
Nearby Markets
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