FranchiseBudget
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Franchise Costs Near Bowen, IL (62316)

Opportunity Score
32 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62316 is an rural area. with a population of 873 and household incomes near the national median ($67,946).

Area Profile

873
Population
$67,946
Median Income
-9% vs. national
Rural
Area Type
Median Age: 33.4 — mixed-age market, broad menu appeal.
College-Educated: 8.1% — value-focused market, keep prices competitive.

Compare with Another ZIP

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

Quick Facts

Area Type
Rural
Bank Branches
1

vs. National Average

Median Income
-9% vs. $74,580

Nearby Markets

62339 7.5 mi
Pop: 1,004 $63,077
62311 8.2 mi
Pop: 893 $42,156
62380 9.5 mi
Pop: 395 $64,688
62346 10.4 mi
Pop: 135 $81,944
62349 10.6 mi
Pop: 678 $67,431
62321 12.4 mi
Pop: 3,682 $74,859
62313 13.4 mi
Pop: 349 $105,000
62367 13.7 mi
Pop: 1,268 $51,346

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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