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Daycare Costs Near Franklin Park, IL (60131)

Opportunity Score

57 / 100 Fair

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

Market Summary

ZIP 60131 is an urban area. with a population of 18,059 and household incomes above the national median ($76,404). There are 5 daycare centers operations in ZIP 60131.

Area Profile

18,059

Population

$76,404

Median Income

+2% vs. national

Urban

Area Type

Median Age: 38.0 — mixed-age market, broad menu appeal.

College-Educated: 12.3% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 60131.

Daycare Centers

Low competition — room to establish

2.8 per 10K residents

Operating Costs

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

$1,092

Median Gross Rent

$260 K

Median Home Value

Bank Branches

$650 K deposits

Childcare Assistance in Illinois

Families in ZIP 60131 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 ›