Franchise Costs Near Galesburg, IL (61401)
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61401 is an suburban area. with a population of 30,684 and household incomes below the national median ($47,728).
Area Profile
30,684
Population
$47,728
Median Income
-36% vs. national
Suburban
Area Type
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 14.5% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 61401.
4
Small Business Lenders
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$724
Median Gross Rent
$95 K
Median Home Value
12
Bank Branches
$920 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Related Businesses
- 4
- Bank Branches
- 12
vs. National Average
Median Income
-36% 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