Franchise Costs Near Chicago, IL (60631)
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60631 is an urban area. with a population of 30,308 and household incomes well above the national median ($117,688).
Area Profile
30,308
Population
$117,688
Median Income
+58% vs. national
Urban
Area Type
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 35.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 60631.
20
Business Consultants
6.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,604
Median Gross Rent
$430 K
Median Home Value
5
Bank Branches
$2.4 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 20
- Bank Branches
- 5
vs. National Average
Median Income
+58% 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