Franchise Businesses Market: ZIP 62079
Opportunity Score
41
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62079 is an urban area with low foot traffic. with a population of 370 and household incomes well above the national median ($129,205).
Area Profile
370
Population
$129,205
Median Income
+73% vs. national
Urban
Area Type
3.6/20
Foot Traffic
Very Car-Dependent
Median Age: 48.2 —
older demographic, may prefer sit-down options.
College-Educated: 6.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$230 K
Median Home Value
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.
- The median income here is $129,205. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+73% vs. $74,580
Walkability
-6.9 pts vs. national avg
Nearby Markets
62030
3.9 mi
Pop: 105
$43,750
62012
4.5 mi
Pop: 6,496
$91,862
62063
6.3 mi
Pop: 869
$51,250
Walk: 6.5
62685
9.9 mi
Pop: 1,648
$63,750
Walk: 4.7
62002
11.7 mi
Pop: 30,036
$57,851
Walk: 8.7
62630
11.7 mi
Pop: 783
$82,292
Walk: 3.8
62081
12.6 mi
Pop: 293
$60,833
62035
12.9 mi
Pop: 15,915
$91,696
Walk: 6.1
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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