Remodelers Market: ZIP 60050
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60050 is an urban area with low foot traffic. with a population of 31,870 and household incomes above the national median ($86,315). There are 17 remodelers operations in ZIP 60050.
Area Profile
31,870
Population
$86,315
Median Income
+16% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 18.2% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 60050.
17
Remodelers
Moderate — proven market
5.3 per 10K residents
19
HVAC Contractors
6.0 per 10K residents
5
Roofing Contractors
1.6 per 10K residents
What this means:
Remodelers are 41.5% of the relevant market in ZIP 60050 (17 vs. 24 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,910
2BR Fair Market Rent
$1,522
Median Gross Rent
$240 K
Median Home Value
8
Bank Branches
$1.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Remodelers
- 17
- Related Businesses
- 24
- Bank Branches
- 8
vs. National Average
Median Income
+16% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
60012
4.1 mi
Pop: 11,929
$147,352
60051
5.2 mi
Pop: 23,931
$104,227
Walk: 6.5
60072
5.4 mi
Pop: 888
$153,542
Walk: 11.3
60097
7.2 mi
Pop: 11,481
$90,865
Walk: 10.1
60014
7.3 mi
Pop: 48,383
$104,657
Walk: 9.6
60042
7.6 mi
Pop: 8,630
$94,613
60013
8.3 mi
Pop: 26,503
$115,833
Walk: 8.1
60156
8.9 mi
Pop: 28,853
$113,491
Walk: 7.8
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