DaycareCalc
Showing results for ZIP 59242 (MT)
Home ZIP 62915

Daycare Centers Market: ZIP 62915

Opportunity Score
6 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62915 is an suburban area. with a population of 473 and household incomes below the national median ($31,111).

Area Profile

473
Population
$31,111
Median Income
-58% vs. national
Suburban
Area Type
Median Age: 41.2 — older demographic, may prefer sit-down options.
College-Educated: 6.1% — value-focused market, keep prices competitive.

Operating Costs

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

$1,150
2BR Fair Market Rent
$803
Median Gross Rent
$78 K
Median Home Value
1
Bank Branches
$0 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.
  • Median income sits at $31,111. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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