Nursing Care Facilities Market: ZIP 61065
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61065 is an urban area. with a population of 10,927 and household incomes well above the national median ($104,216).
Area Profile
10,927
Population
$104,216
Median Income
+40% vs. national
Urban
Area Type
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,770
2BR Fair Market Rent
$1,469
Median Gross Rent
$210 K
Median Home Value
3
Bank Branches
$160 K 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.
- The median income here is $104,216. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 3
vs. National Average
Median Income
+40% vs. $74,580
Nearby Markets
61011
4.2 mi
Pop: 2,743
$136,172
61012
5.0 mi
Pop: 2,322
$98,750
53525
9.9 mi
Pop: 4,083
$72,991
Walk: 6.4
61008
10.7 mi
Pop: 33,697
$75,833
Walk: 7.9
61073
10.9 mi
Pop: 20,008
$104,534
Walk: 8.7
61038
11.5 mi
Pop: 1,395
$69,808
Walk: 5.4
61080
11.6 mi
Pop: 11,062
$78,533
Walk: 5.8
53585
12.0 mi
Pop: 2,238
$71,683
Walk: 5.2
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