New Car Dealers Market: ZIP 60617
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60617 is an urban area with moderate foot traffic. with a population of 79,284 and household incomes near the national median ($51,237).
Area Profile
79,284
Population
$51,237
Median Income
-31% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 13.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 60617.
9
Gas Stations
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,010
Median Gross Rent
$170 K
Median Home Value
13
Bank Branches
$1 M 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
- Foot Traffic
- Walkable
- Related Businesses
- 9
- Bank Branches
- 13
vs. National Average
Median Income
-31% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
60649
3.1 mi
Pop: 48,720
$40,142
Walk: 12.8
60633
3.5 mi
Pop: 12,485
$56,875
Walk: 12.3
60619
4.0 mi
Pop: 59,892
$43,403
Walk: 12.7
46394
4.5 mi
Pop: 12,141
$66,386
Walk: 10.0
60628
4.6 mi
Pop: 59,212
$49,719
Walk: 13.3
60637
5.7 mi
Pop: 52,418
$42,080
Walk: 13.8
46327
6.0 mi
Pop: 10,797
$50,457
Walk: 12.0
60419
6.7 mi
Pop: 20,979
$58,706
Walk: 12.2
Check Another Market
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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