Home › Illinois › ZIP 60647

Daycare Costs Near Chicago, IL (60647)

Opportunity Score

85 / 100 Excellent

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

Market Summary

ZIP 60647 is an urban area. with a population of 85,589 and household incomes well above the national median ($102,851). There are 46 daycare centers operations in ZIP 60647.

Area Profile

85,589

Population

$102,851

Median Income

+38% vs. national

Urban

Area Type

Median Age: 32.8 — mixed-age market, broad menu appeal.

College-Educated: 45.8% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 60647.

Daycare Centers

Competitive — differentiation needed

5.4 per 10K residents

Schools

0.7 per 10K residents

What this means: Daycare Centers are 88.5% of the relevant market in ZIP 60647 (46 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,714

Median Gross Rent

$560 K

Median Home Value

Bank Branches

$1.5 M deposits

Childcare Assistance in Illinois

Families in ZIP 60647 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 ›