Home › Illinois › ZIP 60640

Daycare Costs Near Chicago, IL (60640)

Opportunity Score

76 / 100 Good

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

Market Summary

ZIP 60640 is an urban area. with a population of 66,884 and household incomes near the national median ($71,030). There are 21 daycare centers operations in ZIP 60640.

Area Profile

66,884

Population

$71,030

Median Income

-5% vs. national

Urban

Area Type

Median Age: 37.4 — mixed-age market, broad menu appeal.

College-Educated: 51.4% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 60640.

Daycare Centers

Competitive — differentiation needed

3.1 per 10K residents

Schools

1.5 per 10K residents

What this means: Daycare Centers are 67.7% of the relevant market in ZIP 60640 (21 vs. 10 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,374

Median Gross Rent

$360 K

Median Home Value

Bank Branches

$2.6 M deposits

Childcare Assistance in Illinois

Families in ZIP 60640 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 ›