Home › Illinois › ZIP 62294

Daycare Costs Near Troy, IL (62294)

Opportunity Score

69 / 100 Good

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

Market Summary

ZIP 62294 is an urban area. with a population of 15,246 and household incomes well above the national median ($108,418). There are 5 daycare centers operations in ZIP 62294.

Area Profile

15,246

Population

$108,418

Median Income

+45% vs. national

Urban

Area Type

Median Age: 37.1 — mixed-age market, broad menu appeal.

College-Educated: 32.2% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 62294.

Daycare Centers

Low competition — room to establish

3.3 per 10K residents

Operating Costs

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

$1,069

Median Gross Rent

$260 K

Median Home Value

Bank Branches

$180 K deposits

Childcare Assistance in Illinois

Families in ZIP 62294 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 ›