ZIP 61016 — Business Opportunities

Top business opportunities in 61016

The highest-scored business categories to consider opening in Cherry Valley, IL, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Furniture & Home Decor 100/100
   ~0.5 businesses underserved · confidence: medium
2. 2. Jewelry & Accessories 97/100
   ~0.3 businesses underserved · confidence: low
3. 3. Childcare 96/100
   ~0.4 businesses underserved · confidence: medium
4. 4. Pharmacies 86/100
   ~0.5 businesses underserved · confidence: medium
5. 5. Veterinary 84/100
   ~0.4 businesses underserved · confidence: medium
6. 6. Electronics 81/100
   ~0.3 businesses underserved · confidence: low
7. 7. Dental 78/100
   ~0.6 businesses underserved · confidence: medium
8. 8. Medical & Healthcare 75/100
   ~0.5 businesses underserved · confidence: medium
9. 9. Schools 75/100
   ~3.0 businesses underserved · confidence: medium
10. 10. Parking 72/100
    ~1.8 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 61016.

• Nature Reserve — 5 businesses
• Religious — 3 businesses
• Park — 2 businesses
• Gas Stations — 1 businesses
• Convenience Stores — 1 businesses
• Libraries — 1 businesses
• Slipway — 1 businesses
• Shelter — 1 businesses
• Townhall — 1 businesses
• Restaurants — 1 businesses
• Grocery & Supermarkets — 1 businesses
• Desserts & Ice Cream — 1 businesses
• Garden Centre — 1 businesses
• Schools — 0 businesses
• Post Box — 0 businesses

Full demographic profile

Population	5,185
Households	2,114
Median household income	$97,500
Per capita income	$47,700
Median age	45.6
% bachelor's degree or higher	31.934%
% age 18–34	11.167%
% age 65+	15.564%
% renter-occupied	11.325%
Median home value	$217,600
Median gross rent	$850
Unemployment rate	3.9%

Nearby ZIPs in IL

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