Franchise Costs Near Chicago, IL (60624)
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60624 is an urban area. with a population of 35,711 and household incomes below the national median ($32,607).
Area Profile
35,711
Population
$32,607
Median Income
-56% vs. national
Urban
Area Type
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 8.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 60624.
4
Business Consultants
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,152
Median Gross Rent
$220 K
Median Home Value
4
Bank Branches
$32 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
-56% 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