Franchise Businesses Market: ZIP 62012
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62012 is an urban area. with a population of 6,496 and household incomes above the national median ($91,862).
Area Profile
6,496
Population
$91,862
Median Income
+23% vs. national
Urban
Area Type
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 12.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$1,002
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$87 K deposits
Tips for Starting a Franchise Business in Illinois
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+23% vs. $74,580
Nearby Markets
62079
4.5 mi
Pop: 370
$129,205
Walk: 3.6
62002
7.3 mi
Pop: 30,036
$57,851
Walk: 8.7
62030
7.7 mi
Pop: 105
$43,750
62035
8.8 mi
Pop: 15,915
$91,696
Walk: 6.1
62018
10.1 mi
Pop: 3,006
$41,750
Walk: 6.2
62063
10.6 mi
Pop: 869
$51,250
Walk: 6.5
62010
11.1 mi
Pop: 11,154
$72,717
Walk: 10.0
62024
11.9 mi
Pop: 9,465
$60,775
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits