FranchiseBudget
Showing results for ZIP 61342 (IL)
Home Illinois ZIP 61350

Franchise Costs Near Ottawa, IL (61350)

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 61350 is an suburban area. with a population of 23,999 and household incomes above the national median ($77,562).

Area Profile

23,999
Population
$77,562
Median Income
+4% vs. national
Suburban
Area Type
Median Age: 42.3 — older demographic, may prefer sit-down options.
College-Educated: 15.2% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 61350.

3
Small Business Lenders
1.3 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$940
Median Gross Rent
$160 K
Median Home Value
10
Bank Branches
$1.1 M deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits