Daycare Centers Market: ZIP 62014
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62014 is an urban area. with a population of 3,695 and household incomes above the national median ($82,583).
Area Profile
3,695
Population
$82,583
Median Income
+11% vs. national
Urban
Area Type
Median Age: 37.2 —
mixed-age market, broad menu appeal.
College-Educated: 11.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$968
Median Gross Rent
$190 K
Median Home Value
2
Bank Branches
$68 K 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
- Bank Branches
- 2
vs. National Average
Median Income
+11% vs. $74,580
Nearby Markets
62021
4.5 mi
Pop: 1,127
$108,125
62685
7.2 mi
Pop: 1,648
$63,750
Walk: 4.7
62093
7.6 mi
Pop: 473
$48,942
62067
8.2 mi
Pop: 1,960
$80,515
Walk: 7.4
62097
10.0 mi
Pop: 2,627
$85,234
Walk: 4.6
62033
10.0 mi
Pop: 4,398
$75,477
Walk: 8.3
62085
10.4 mi
Pop: 195
$48,571
62088
10.7 mi
Pop: 6,482
$66,066
Walk: 7.4
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