Franchise Businesses Market: ZIP 62233
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62233 is an rural area. with a population of 8,233 and household incomes above the national median ($78,333).
Area Profile
8,233
Population
$78,333
Median Income
+5% vs. national
Rural
Area Type
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 7.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$870
2BR Fair Market Rent
$645
Median Gross Rent
$110 K
Median Home Value
4
Bank Branches
$240 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 4
vs. National Average
Median Income
+5% vs. $74,580
Nearby Markets
62288
7.7 mi
Pop: 2,592
$69,500
Walk: 6.1
62297
7.7 mi
Pop: 293
$78,487
Walk: 4.5
62241
8.7 mi
Pop: 891
$81,429
62280
11.7 mi
Pop: 394
$65,568
Walk: 8.2
62272
12.4 mi
Pop: 1,713
$49,954
62286
13.0 mi
Pop: 5,482
$64,118
Walk: 8.1
62997
14.0 mi
Pop: 562
$59,792
Walk: 3.2
62916
14.5 mi
Pop: 790
$67,969
Walk: 2.1
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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