Franchise Businesses Market: ZIP 62661
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62661 is an urban area with moderate foot traffic. with a population of 1,360 and household incomes near the national median ($68,487).
Area Profile
1,360
Population
$68,487
Median Income
-8% vs. national
Urban
Area Type
10.0/20
Foot Traffic
Walkable
Median Age: 30.4 —
mixed-age market, broad menu appeal.
College-Educated: 21.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$960
Median Gross Rent
$160 K
Median Home Value
1
Bank Branches
$0 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
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-8% vs. $74,580
Walkability
-0.5 pts vs. national avg
Nearby Markets
62670
7.2 mi
Pop: 2,695
$76,957
62615
7.6 mi
Pop: 5,075
$79,375
62629
7.6 mi
Pop: 15,369
$106,373
62711
9.4 mi
Pop: 18,351
$123,507
Walk: 9.1
62692
9.7 mi
Pop: 2,128
$66,619
Walk: 4.6
62689
10.2 mi
Pop: 627
$59,583
62690
12.0 mi
Pop: 3,878
$82,644
Walk: 6.1
62704
12.3 mi
Pop: 39,597
$66,352
Walk: 13.4
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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