DaycareCalc
Showing results for ZIP 36373 (AL)
Home ZIP 62273

Daycare Centers Market: ZIP 62273

Opportunity Score
14 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62273 is an urban area. with a population of 302 and household incomes below the national median ($47,986).

Area Profile

302
Population
$47,986
Median Income
-36% vs. national
Urban
Area Type
Median Age: 38.8 — mixed-age market, broad menu appeal.
College-Educated: 6.6% — value-focused market, keep prices competitive.

Operating Costs

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

$1,180
2BR Fair Market Rent
$994
Median Gross Rent
$110 K
Median Home Value

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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits