Nursing Care Facilities Market: ZIP 60629
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60629 is an urban area with moderate foot traffic. with a population of 109,292 and household incomes near the national median ($58,813).
Area Profile
109,292
Population
$58,813
Median Income
-21% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 34.2 —
mixed-age market, broad menu appeal.
College-Educated: 8.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,330
2BR Fair Market Rent
$1,106
Median Gross Rent
$240 K
Median Home Value
10
Bank Branches
$1 M deposits
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 10
vs. National Average
Median Income
-21% vs. $74,580
Walkability
+2.9 pts vs. national avg
Nearby Markets
60652
1.9 mi
Pop: 41,431
$78,559
Walk: 14.1
60632
2.4 mi
Pop: 87,831
$60,576
Walk: 14.1
60636
2.9 mi
Pop: 31,007
$35,077
Walk: 13.3
60456
3.3 mi
Pop: 4,244
$59,265
Walk: 13.6
60805
3.7 mi
Pop: 19,498
$95,738
Walk: 15.0
60638
4.1 mi
Pop: 58,250
$89,191
Walk: 14.4
60459
4.5 mi
Pop: 28,822
$83,975
Walk: 14.3
60609
4.6 mi
Pop: 64,268
$54,142
Walk: 13.9
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