New Car Dealers Market: ZIP 60163
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60163 is an urban area. with a population of 5,205 and household incomes above the national median ($83,176).
Area Profile
5,205
Population
$83,176
Median Income
+12% vs. national
Urban
Area Type
Median Age: 37.0 —
mixed-age market, broad menu appeal.
College-Educated: 14.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,360
2BR Fair Market Rent
$1,292
Median Gross Rent
$220 K
Median Home Value
1
Bank Branches
$290 K deposits
Tips for Starting a Ev Vs Gas Business in Illinois
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+12% vs. $74,580
Nearby Markets
60162
1.5 mi
Pop: 8,133
$70,772
Walk: 12.9
60164
2.1 mi
Pop: 21,248
$76,483
Walk: 13.5
60165
2.2 mi
Pop: 4,504
$75,165
Walk: 14.2
60126
2.3 mi
Pop: 47,759
$143,333
Walk: 13.3
60104
2.3 mi
Pop: 18,390
$77,270
Walk: 15.3
60154
3.0 mi
Pop: 16,524
$103,561
Walk: 14.3
60160
3.5 mi
Pop: 24,513
$64,740
Walk: 15.0
60131
3.9 mi
Pop: 18,059
$76,404
Walk: 14.4
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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