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Home ZIP 60172

New Car Dealers Market: ZIP 60172

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60172 is an urban area with low foot traffic. with a population of 24,231 and household incomes well above the national median ($109,322). There are 3 new car dealers operations in ZIP 60172.

Area Profile

24,231
Population
$109,322
Median Income
+47% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Car-Dependent
Median Age: 42.8 — older demographic, may prefer sit-down options.
College-Educated: 29.4% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 60172.

3
New Car Dealers
Low competition — room to establish
1.2 per 10K residents
8
Gas Stations
3.3 per 10K residents
3
Used Car Dealers
1.2 per 10K residents
What this means: New Car Dealers are 21.4% of the relevant market in ZIP 60172 (3 vs. 11 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,050
2BR Fair Market Rent
$1,498
Median Gross Rent
$320 K
Median Home Value
5
Bank Branches
$1.6 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
New Car Dealers
3
Related Businesses
11
Bank Branches
5

vs. National Average

Median Income
+47% vs. $74,580
Walkability
-1.5 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