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Daycare Costs Near Chicago, IL (60649)

Opportunity Score

65 / 100 Good

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

Market Summary

ZIP 60649 is an urban area. with a population of 48,720 and household incomes below the national median ($40,142). There are 21 daycare centers operations in ZIP 60649.

Area Profile

48,720

Population

$40,142

Median Income

-46% vs. national

Urban

Area Type

Median Age: 39.6 — mixed-age market, broad menu appeal.

College-Educated: 18.3% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 60649.

Daycare Centers

Competitive — differentiation needed

4.3 per 10K residents

Schools

0.6 per 10K residents

What this means: Daycare Centers are 87.5% of the relevant market in ZIP 60649 (21 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,066

Median Gross Rent

$200 K

Median Home Value

Bank Branches

$180 K deposits

Childcare Assistance in Illinois

Families in ZIP 60649 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 ›