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Remodelers Market: ZIP 60514

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60514 is an urban area with moderate foot traffic. with a population of 9,760 and household incomes well above the national median ($114,672). There are 8 remodelers operations in ZIP 60514.

Area Profile

9,760
Population
$114,672
Median Income
+54% vs. national
Urban
Area Type
12.3/20
Foot Traffic
Walkable
Median Age: 41.1 — older demographic, may prefer sit-down options.
College-Educated: 48.8% — strong appetite for artisan/specialty food.

Competition

Remodelers and related businesses in ZIP 60514.

8
Remodelers
Moderate — proven market
8.2 per 10K residents
3
HVAC Contractors
3.1 per 10K residents
What this means: Remodelers are 72.7% of the relevant market in ZIP 60514 (8 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,500
2BR Fair Market Rent
$1,195
Median Gross Rent
$570 K
Median Home Value
2
Bank Branches
$3.3 M deposits

Data sources

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