Home › ZIP 60302

Daycare Centers Market: ZIP 60302

Opportunity Score

78 / 100 Good

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

Market Summary

ZIP 60302 is an urban area with high foot traffic. with a population of 32,589 and household incomes above the national median ($97,414). There are 15 daycare centers operations in ZIP 60302.

Area Profile

32,589

Population

$97,414

Median Income

+31% vs. national

Urban

Area Type

15.4/20

Foot Traffic

Very Walkable

Median Age: 42.5 — older demographic, may prefer sit-down options.

College-Educated: 51.0% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 60302.

Daycare Centers

Moderate — proven market

4.6 per 10K residents

Schools

1.5 per 10K residents

What this means: Daycare Centers are 75.0% of the relevant market in ZIP 60302 (15 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,800

2BR Fair Market Rent

$1,348

Median Gross Rent

$450 K

Median Home Value

Bank Branches

$560 K deposits

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.