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Home ZIP 60622

Daycare Centers Market: ZIP 60622

Opportunity Score
86 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60622 is an urban area with high foot traffic. with a population of 53,696 and household incomes well above the national median ($124,852). There are 16 daycare centers operations in ZIP 60622.

Area Profile

53,696
Population
$124,852
Median Income
+67% vs. national
Urban
Area Type
15.8/20
Foot Traffic
Very Walkable
Median Age: 32.4 — mixed-age market, broad menu appeal.
College-Educated: 58.9% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 60622.

16
Daycare Centers
Moderate — proven market
3.0 per 10K residents
15
Schools
2.8 per 10K residents
What this means: Daycare Centers are 51.6% of the relevant market in ZIP 60622 (16 vs. 15 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,440
2BR Fair Market Rent
$1,932
Median Gross Rent
$620 K
Median Home Value
10
Bank Branches
$1.1 M 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.
  • The median income here is $124,852. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits