Nursing Care Facilities Market: ZIP 60632
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60632 is an urban area with moderate foot traffic. with a population of 87,831 and household incomes near the national median ($60,576).
Area Profile
87,831
Population
$60,576
Median Income
-19% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 34.5 —
mixed-age market, broad menu appeal.
College-Educated: 8.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,057
Median Gross Rent
$240 K
Median Home Value
17
Bank Branches
$1.4 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
- Very Car-Dependent
- Bank Branches
- 17
vs. National Average
Median Income
-19% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
60629
2.4 mi
Pop: 109,292
$58,813
Walk: 13.4
60623
2.6 mi
Pop: 77,061
$44,040
Walk: 13.8
60804
3.8 mi
Pop: 83,223
$68,548
Walk: 14.6
60636
3.9 mi
Pop: 31,007
$35,077
Walk: 13.3
60608
3.9 mi
Pop: 81,459
$70,704
Walk: 15.7
60609
3.9 mi
Pop: 64,268
$54,142
Walk: 13.9
60652
4.3 mi
Pop: 41,431
$78,559
Walk: 14.1
60638
4.4 mi
Pop: 58,250
$89,191
Walk: 14.4
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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