Home › Illinois › ZIP 60631

Daycare Costs Near Chicago, IL (60631)

Opportunity Score

72 / 100 Good

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

Market Summary

ZIP 60631 is an urban area. with a population of 30,308 and household incomes well above the national median ($117,688). There are 5 daycare centers operations in ZIP 60631.

Area Profile

30,308

Population

$117,688

Median Income

+58% vs. national

Urban

Area Type

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

College-Educated: 35.7% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 60631.

Daycare Centers

Low competition — room to establish

1.6 per 10K residents

Schools

2.3 per 10K residents

What this means: Daycare Centers are 41.7% of the relevant market in ZIP 60631 (5 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,604

Median Gross Rent

$430 K

Median Home Value

Bank Branches

$2.4 M deposits

Childcare Assistance in Illinois

Families in ZIP 60631 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 ›