Daycare Centers Market: ZIP 60029
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60029 is an urban area with moderate foot traffic. with a population of 548 and household incomes well above the national median ($238,098).
Area Profile
548
Population
$238,098
Median Income
+219% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 50.0 —
older demographic, may prefer sit-down options.
College-Educated: 49.6% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,270
2BR Fair Market Rent
$960 K
Median Home Value
Tips for Starting a Daycare Business in Illinois
- 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 $238,098. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+219% vs. $74,580
Walkability
+3.8 pts vs. national avg
Nearby Markets
60053
1.2 mi
Pop: 24,687
$106,078
Walk: 15.1
60025
2.1 mi
Pop: 40,877
$119,639
Walk: 14.4
60077
2.5 mi
Pop: 28,651
$80,765
Walk: 15.7
60714
2.8 mi
Pop: 30,463
$78,868
Walk: 14.8
60093
3.8 mi
Pop: 20,156
$230,777
Walk: 13.0
60076
4.2 mi
Pop: 32,973
$103,870
Walk: 18.6
60026
4.3 mi
Pop: 14,499
$157,712
Walk: 15.3
60091
4.6 mi
Pop: 27,369
$190,250
Walk: 15.0
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