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ZIP 62638 — Business Opportunities

Franklin, IL · Local economy intelligence
Population
1,288
Median income
$78,500
Median age
50.6
Households
504

Top business opportunities in 62638

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

  1. 1. Gas Stations 100/100
    ~0.5 businesses underserved · confidence: low
  2. 2. Parking 96/100
    ~0.5 businesses underserved · confidence: low
  3. 3. Bicycle Parking 96/100
    ~0.1 businesses underserved · confidence: low
  4. 4. Parking Entrance 96/100
    ~0.1 businesses underserved · confidence: low
  5. 5. Parking Space 96/100
    ~1.0 businesses underserved · confidence: low
  6. 6. Auto Repair 91/100
    ~0.2 businesses underserved · confidence: low
  7. 7. Auto Sales 91/100
    ~0.2 businesses underserved · confidence: low
  8. 8. Auto Parts 91/100
    ~0.1 businesses underserved · confidence: low
  9. 9. Pharmacies 86/100
    ~0.1 businesses underserved · confidence: low
  10. 10. Medical & Healthcare 84/100
    ~0.1 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 62638.

Full demographic profile

Population1,288
Households504
Median household income$78,500
Per capita income$43,198
Median age50.6
% bachelor's degree or higher16.573%
% age 18–3414.441%
% age 65+15.528%
% renter-occupied14.378%
Median home value$115,600
Median gross rent$886
Unemployment rate1.32%

Nearby ZIPs in IL

62635 Emden · 62634 Elkhart · 62643 Hartsburg · 62656 Lincoln · 62661 Loami · 62664 Mason City

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