Nursing Care Facilities Market: ZIP 60141
Opportunity Score
4
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60141 is an urban area. with a population of 269 and household incomes below the national median ($16,611).
Area Profile
269
Population
$16,611
Median Income
-78% vs. national
Urban
Area Type
Median Age: 70.5 —
older demographic, may prefer sit-down options.
College-Educated: 37.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$572
Median Gross Rent
Tips for Starting a Elder Care Business in Illinois
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- Median income sits at $16,611. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-78% vs. $74,580
Nearby Markets
60155
1.3 mi
Pop: 7,906
$59,688
60153
1.5 mi
Pop: 23,173
$66,498
Walk: 14.3
60130
1.5 mi
Pop: 14,000
$81,323
Walk: 16.2
60546
1.8 mi
Pop: 16,582
$109,933
Walk: 14.0
60513
2.4 mi
Pop: 19,264
$108,527
Walk: 14.3
60305
2.8 mi
Pop: 11,489
$148,711
Walk: 14.4
60104
3.1 mi
Pop: 18,390
$77,270
Walk: 15.3
60534
3.4 mi
Pop: 10,362
$63,827
Walk: 11.6
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits