Daycare Costs Near Franklin Grove, IL (61031)
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61031 is an suburban area. with a population of 1,615 and household incomes near the national median ($74,050).
Area Profile
1,615
Population
$74,050
Median Income
-1% vs. national
Suburban
Area Type
Median Age: 44.1 —
older demographic, may prefer sit-down options.
College-Educated: 18.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$822
Median Gross Rent
$150 K
Median Home Value
1
Bank Branches
$29 K deposits
Childcare Assistance in Illinois
Families in ZIP 61031 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 ›Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Bank Branches
- 1
vs. National Average
Median Income
-1% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the DaycareCalc calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits