Nursing Care Facilities Market: ZIP 62225
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62225 is an urban area with low foot traffic. with a population of 5,606 and household incomes above the national median ($91,988).
Area Profile
5,606
Population
$91,988
Median Income
+23% vs. national
Urban
Area Type
5.5/20
Foot Traffic
Very Car-Dependent
Median Age: 25.3 —
young market, strong street food demand.
College-Educated: 20.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,820
2BR Fair Market Rent
$1,669
Median Gross Rent
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
vs. National Average
Median Income
+23% vs. $74,580
Walkability
-5.0 pts vs. national avg
Nearby Markets
62221
4.2 mi
Pop: 29,281
$78,619
Walk: 12.3
62254
5.0 mi
Pop: 6,339
$89,500
62269
5.9 mi
Pop: 35,536
$100,167
Walk: 9.6
62258
7.4 mi
Pop: 10,292
$90,417
Walk: 6.3
62289
7.9 mi
Pop: 385
$48,472
62243
8.9 mi
Pop: 6,522
$93,328
Walk: 7.0
62226
10.2 mi
Pop: 28,543
$66,018
Walk: 12.7
62220
11.0 mi
Pop: 19,391
$65,261
Walk: 14.2
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