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Daycare Costs Near Chicago, IL (60617)

Opportunity Score

69 / 100 Good

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

Market Summary

ZIP 60617 is an urban area. with a population of 79,284 and household incomes near the national median ($51,237). There are 38 daycare centers operations in ZIP 60617.

Area Profile

79,284

Population

$51,237

Median Income

-31% vs. national

Urban

Area Type

Median Age: 38.3 — mixed-age market, broad menu appeal.

College-Educated: 13.5% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 60617.

Daycare Centers

Competitive — differentiation needed

4.8 per 10K residents

Schools

0.9 per 10K residents

What this means: Daycare Centers are 84.4% of the relevant market in ZIP 60617 (38 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,010

Median Gross Rent

$170 K

Median Home Value

Bank Branches

$1 M deposits

Childcare Assistance in Illinois

Families in ZIP 60617 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 ›