Home › Illinois › ZIP 60160

Daycare Costs Near Melrose Park, IL (60160)

Opportunity Score

55 / 100 Fair

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

Market Summary

ZIP 60160 is an urban area. with a population of 24,513 and household incomes near the national median ($64,740). There are 6 daycare centers operations in ZIP 60160.

Area Profile

24,513

Population

$64,740

Median Income

-13% vs. national

Urban

Area Type

Median Age: 35.0 — mixed-age market, broad menu appeal.

College-Educated: 9.4% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 60160.

Daycare Centers

Moderate — proven market

2.4 per 10K residents

Schools

1.2 per 10K residents

What this means: Daycare Centers are 66.7% of the relevant market in ZIP 60160 (6 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,194

Median Gross Rent

$270 K

Median Home Value

Bank Branches

$880 K deposits

Childcare Assistance in Illinois

Families in ZIP 60160 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 ›