New Car Dealers Market: ZIP 60634
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60634 is an urban area with moderate foot traffic. with a population of 74,418 and household incomes above the national median ($84,997).
Area Profile
74,418
Population
$84,997
Median Income
+14% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 19.3% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 60634.
7
Gas Stations
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,650
2BR Fair Market Rent
$1,271
Median Gross Rent
$330 K
Median Home Value
13
Bank Branches
$2.2 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
- Very Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 13
vs. National Average
Median Income
+14% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
60706
1.4 mi
Pop: 24,028
$85,000
Walk: 15.7
60707
1.7 mi
Pop: 40,897
$82,746
Walk: 14.8
60656
2.4 mi
Pop: 28,726
$88,000
Walk: 14.5
60171
2.7 mi
Pop: 10,482
$74,793
Walk: 15.4
60631
3.4 mi
Pop: 30,308
$117,688
Walk: 15.4
60305
3.7 mi
Pop: 11,489
$148,711
Walk: 14.4
60302
3.7 mi
Pop: 32,589
$97,414
Walk: 15.4
60639
3.9 mi
Pop: 84,505
$59,710
Walk: 14.4
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