Franchise Costs Near Melrose Park, IL (60160)
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60160 is an urban area. with a population of 24,513 and household incomes near the national median ($64,740).
Area Profile
24,513
Population
$64,740
Median Income
-13% vs. national
Urban
Area Type
Median Age: 35.0 —
mixed-age market, broad menu appeal.
College-Educated: 9.4% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 60160.
3
Business Consultants
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,194
Median Gross Rent
$270 K
Median Home Value
8
Bank Branches
$880 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
-13% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits