Franchise Businesses Market: ZIP 62965
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62965 is an rural area. with a population of 54 and household incomes below the national median ($11,726).
Area Profile
54
Population
$11,726
Median Income
-84% vs. national
Rural
Area Type
Median Age: 59.2 —
older demographic, may prefer sit-down options.
College-Educated: 14.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$870
2BR Fair Market Rent
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.
- Median income sits at $11,726. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-84% vs. $74,580
Nearby Markets
62946
4.6 mi
Pop: 11,465
$55,551
Walk: 9.0
62977
6.1 mi
Pop: 520
$65,833
Walk: 2.6
62930
7.6 mi
Pop: 5,763
$54,094
Walk: 8.8
62935
9.9 mi
Pop: 2,246
$60,962
Walk: 2.1
62917
10.5 mi
Pop: 2,474
$50,523
62934
11.8 mi
Pop: 698
$55,625
62817
13.2 mi
Pop: 571
$94,783
62987
14.2 mi
Pop: 1,592
$81,089
Walk: 4.4
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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