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Showing results for ZIP 61753 (IL)
Home ZIP 47904

Nursing Care Facilities Market: ZIP 47904

Opportunity Score
52 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47904 is an urban area with high foot traffic. with a population of 16,340 and household incomes below the national median ($46,841). There are 3 nursing care facilities operations in ZIP 47904.

Area Profile

16,340
Population
$46,841
Median Income
-37% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 34.2 — mixed-age market, broad menu appeal.
College-Educated: 12.6% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 47904.

3
Nursing Care Facilities
Low competition — room to establish
1.8 per 10K residents
3
Home Health Agencies
1.8 per 10K residents
What this means: Nursing Care Facilities are 50.0% of the relevant market in ZIP 47904 (3 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,090
2BR Fair Market Rent
$965
Median Gross Rent
$120 K
Median Home Value
2
Bank Branches
$97 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Walkable
Nursing Care Facilities
3
Related Businesses
3
Bank Branches
2

vs. National Average

Median Income
-37% vs. $74,580
Walkability
+4.6 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

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