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Daycare Costs Near Des Plaines, IL (60016)

Opportunity Score

60 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60016 is an urban area. with a population of 60,520 and household incomes above the national median ($84,044). There are 5 daycare centers operations in ZIP 60016.

Area Profile

60,520

Population

$84,044

Median Income

+13% vs. national

Urban

Area Type

Median Age: 42.1 — older demographic, may prefer sit-down options.

College-Educated: 30.8% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 60016.

Daycare Centers

Low competition — room to establish

0.8 per 10K residents

Schools

0.8 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 60016 (5 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,406

Median Gross Rent

$300 K

Median Home Value

Bank Branches

$2.3 M deposits

Childcare Assistance in Illinois

Families in ZIP 60016 may qualify for state-funded childcare subsidies through Illinois's CCDF program. Income limits and copays vary by county.

Check Illinois subsidy eligibility ›

Already Getting a Subsidy? See How Much More You Can Save

The federal dependent care credit and Dependent Care FSA stack on top of subsidies. Most families save an additional $600–$2,100/year — in 10 seconds.

Calculate your tax savings ›