Remodelers Market: ZIP 60016
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60016 is an urban area with moderate foot traffic. with a population of 60,520 and household incomes above the national median ($84,044). There are 78 remodelers operations in ZIP 60016.
Area Profile
60,520
Population
$84,044
Median Income
+13% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 42.1 —
older demographic, may prefer sit-down options.
College-Educated: 30.8% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 60016.
78
Remodelers
Competitive — differentiation needed
12.9 per 10K residents
37
HVAC Contractors
6.1 per 10K residents
9
Roofing Contractors
1.5 per 10K residents
What this means:
Remodelers are 62.9% of the relevant market in ZIP 60016 (78 vs. 46 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,840
2BR Fair Market Rent
$1,406
Median Gross Rent
$300 K
Median Home Value
10
Bank Branches
$2.3 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Remodelers
- 78
- Related Businesses
- 46
- Bank Branches
- 10
vs. National Average
Median Income
+13% vs. $74,580
Walkability
+3.0 pts vs. national avg
Nearby Markets
60056
3.1 mi
Pop: 55,989
$104,168
Walk: 12.5
60068
4.2 mi
Pop: 39,227
$138,201
Walk: 14.1
60070
4.3 mi
Pop: 15,549
$91,210
Walk: 11.8
60026
4.6 mi
Pop: 14,499
$157,712
Walk: 15.3
60018
5.1 mi
Pop: 29,302
$85,415
Walk: 14.2
60090
5.2 mi
Pop: 38,340
$83,449
Walk: 12.2
60714
5.8 mi
Pop: 30,463
$78,868
Walk: 14.8
60025
5.8 mi
Pop: 40,877
$119,639
Walk: 14.4
Check Another Market
Or estimate costs with the RemodCost calculator.
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