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Daycare Costs Near Peoria, IL (61603)

Opportunity Score

43 / 100 Fair

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

Market Summary

ZIP 61603 is an urban area. with a population of 15,430 and household incomes below the national median ($40,405). There are 4 daycare centers operations in ZIP 61603.

Area Profile

15,430

Population

$40,405

Median Income

-46% vs. national

Urban

Area Type

Median Age: 36.4 — mixed-age market, broad menu appeal.

College-Educated: 9.9% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 61603.

Daycare Centers

Low competition — room to establish

2.6 per 10K residents

Schools

2.6 per 10K residents

What this means: Daycare Centers are 50.0% of the relevant market in ZIP 61603 (4 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$976

Median Gross Rent

$73 K

Median Home Value

Childcare Assistance in Illinois

Families in ZIP 61603 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.

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