Nursing Care Facilities Market: ZIP 62919
Opportunity Score
26
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62919 is an rural area. with a population of 775 and household incomes near the national median ($57,176).
Area Profile
775
Population
$57,176
Median Income
-23% vs. national
Rural
Area Type
Median Age: 59.6 —
older demographic, may prefer sit-down options.
College-Educated: 9.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$870
2BR Fair Market Rent
$454
Median Gross Rent
$150 K
Median Home Value
1
Bank Branches
$14 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
vs. National Average
Median Income
-23% vs. $74,580
Nearby Markets
42459
8.7 mi
Pop: 3,965
$54,388
Walk: 4.3
62931
9.4 mi
Pop: 1,359
$55,625
Walk: 4.4
42064
12.7 mi
Pop: 8,020
$48,173
Walk: 6.6
62954
15.1 mi
Pop: 415
$65,083
62982
17.1 mi
Pop: 1,017
$43,650
Walk: 4.4
42437
17.7 mi
Pop: 7,250
$64,464
42463
18.9 mi
Pop: 120
$42,321
Walk: 4.3
62934
19.8 mi
Pop: 698
$55,625
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