Nursing Care Facilities Market: ZIP 60506
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60506 is an urban area with moderate foot traffic. with a population of 49,886 and household incomes above the national median ($76,105). There are 4 nursing care facilities operations in ZIP 60506.
Area Profile
49,886
Population
$76,105
Median Income
+2% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 36.0 —
mixed-age market, broad menu appeal.
College-Educated: 19.3% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 60506.
4
Nursing Care Facilities
Low competition — room to establish
0.8 per 10K residents
3
Home Health Agencies
0.6 per 10K residents
What this means:
Nursing Care Facilities are 57.1% of the relevant market in ZIP 60506 (4 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,670
2BR Fair Market Rent
$1,305
Median Gross Rent
$250 K
Median Home Value
14
Bank Branches
$1.9 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 4
- Related Businesses
- 3
- Bank Branches
- 14
vs. National Average
Median Income
+2% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
60538
3.2 mi
Pop: 30,395
$92,064
Walk: 5.4
60542
3.8 mi
Pop: 18,691
$112,362
Walk: 10.1
60539
5.2 mi
Pop: 277
60505
5.2 mi
Pop: 58,176
$70,306
Walk: 10.4
60554
6.0 mi
Pop: 12,058
$115,865
Walk: 5.8
60512
6.1 mi
Pop: 1,061
$102,750
60543
7.1 mi
Pop: 41,723
$116,507
Walk: 7.8
60510
7.2 mi
Pop: 28,577
$120,925
Walk: 10.0
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