Nursing Care Facilities Market: ZIP 61610
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61610 is an urban area. with a population of 4,572 and household incomes below the national median ($49,853).
Area Profile
4,572
Population
$49,853
Median Income
-33% vs. national
Urban
Area Type
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 10.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$870
2BR Fair Market Rent
$855
Median Gross Rent
$87 K
Median Home Value
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
vs. National Average
Median Income
-33% vs. $74,580
Nearby Markets
61602
2.6 mi
Pop: 977
$17,273
61605
3.3 mi
Pop: 13,538
$24,499
Walk: 13.1
61625
4.0 mi
Pop: 443
Walk: 15.2
61606
4.1 mi
Pop: 6,979
$41,023
Walk: 14.1
61603
5.0 mi
Pop: 15,430
$40,405
Walk: 13.8
61604
5.7 mi
Pop: 27,502
$50,628
Walk: 13.0
61607
6.0 mi
Pop: 10,734
$75,845
Walk: 6.5
61611
6.6 mi
Pop: 23,698
$76,329
Walk: 8.2
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