Daycare Centers Market: ZIP 60805
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60805 is an urban area with high foot traffic. with a population of 19,498 and household incomes above the national median ($95,738).
Area Profile
19,498
Population
$95,738
Median Income
+28% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 38.1 —
mixed-age market, broad menu appeal.
College-Educated: 29.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,425
Median Gross Rent
$260 K
Median Home Value
9
Bank Branches
$1.2 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Bank Branches
- 9
vs. National Average
Median Income
+28% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
60655
1.9 mi
Pop: 27,794
$114,443
Walk: 14.6
60652
1.9 mi
Pop: 41,431
$78,559
Walk: 14.1
60456
2.1 mi
Pop: 4,244
$59,265
Walk: 13.6
60643
3.1 mi
Pop: 47,802
$83,015
Walk: 13.6
60453
3.5 mi
Pop: 57,098
$82,493
Walk: 13.8
60629
3.7 mi
Pop: 109,292
$58,813
Walk: 13.4
60620
3.7 mi
Pop: 66,511
$48,805
Walk: 13.3
60803
4.0 mi
Pop: 22,089
$66,555
Walk: 12.9
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits