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Home ZIP 60002

New Car Dealers Market: ZIP 60002

Opportunity Score
57 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60002 is an urban area with low foot traffic. with a population of 24,396 and household incomes well above the national median ($109,047). There are 3 new car dealers operations in ZIP 60002.

Area Profile

24,396
Population
$109,047
Median Income
+46% vs. national
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Median Age: 40.9 — older demographic, may prefer sit-down options.
College-Educated: 25.5% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 60002.

3
New Car Dealers
Low competition — room to establish
1.2 per 10K residents
8
Gas Stations
3.3 per 10K residents
What this means: New Car Dealers are 27.3% of the relevant market in ZIP 60002 (3 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,510
2BR Fair Market Rent
$1,176
Median Gross Rent
$290 K
Median Home Value
5
Bank Branches
$1.2 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
New Car Dealers
3
Related Businesses
8
Bank Branches
5

vs. National Average

Median Income
+46% vs. $74,580
Walkability
-4.7 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits