FranchiseBudget
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Franchise Costs Near Richview, IL (62877)

Opportunity Score
30 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62877 is an rural area. with a population of 446 and household incomes above the national median ($74,643).

Area Profile

446
Population
$74,643
Median Income
+0% vs. national
Rural
Area Type
Median Age: 47.1 — older demographic, may prefer sit-down options.
College-Educated: 19.5% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$738
Median Gross Rent
$120 K
Median Home Value

Compare with Another ZIP

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

Quick Facts

Area Type
Rural

vs. National Average

Median Income
+0% vs. $74,580

Nearby Markets

62848 3.7 mi
Pop: 587 $70,556
62808 6.0 mi
Pop: 1,819 $67,071
62803 7.8 mi
Pop: 1,138 $87,500
62876 8.0 mi
Pop: 135 $52,708
62801 9.1 mi
Pop: 19,941 $53,740
62898 10.1 mi
Pop: 2,018 $74,297
62831 11.0 mi
Pop: 345 $76,250
62250 11.1 mi
Pop: 627 $70,292

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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