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Home ZIP 61605

New Car Dealers Market: ZIP 61605

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 61605 is an urban area with moderate foot traffic. with a population of 13,538 and household incomes below the national median ($24,499).

Area Profile

13,538
Population
$24,499
Median Income
-67% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 35.5 — mixed-age market, broad menu appeal.
College-Educated: 3.2% — value-focused market, keep prices competitive.

Operating Costs

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

$930
2BR Fair Market Rent
$831
Median Gross Rent
$44 K
Median Home Value
1
Bank Branches
$140 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.
  • Median income sits at $24,499. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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