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Home ZIP 62618

Daycare Centers Market: ZIP 62618

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62618 is an rural area with low foot traffic. with a population of 7,391 and household incomes near the national median ($62,694).

Area Profile

7,391
Population
$62,694
Median Income
-16% vs. national
Rural
Area Type
9.5/20
Foot Traffic
Very Car-Dependent
Median Age: 34.3 — mixed-age market, broad menu appeal.
College-Educated: 11.4% — value-focused market, keep prices competitive.

Operating Costs

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

$880
2BR Fair Market Rent
$766
Median Gross Rent
$86 K
Median Home Value
4
Bank Branches
$210 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.
  • This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.

Quick Facts

Area Type
Rural
Foot Traffic
Very Car-Dependent
Bank Branches
4

vs. National Average

Median Income
-16% vs. $74,580
Walkability
-1.0 pts vs. national avg

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