Businesses for Sale | Homewood, Illinois
Discover business opportunities, in or around Homewood, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Homewood, located in The Prairie State had a total population of 18,407 people.
City Statistics and Other Information About Homewood
Demographics
From a total population of 18,407, Homewood has a median age of 42. The average age of males, in Homewood, is 40 while the average age of females is 44. When you compare the median age of men and women in Homewood, there is an average difference of 3.56 years.
Income
The median income of individuals, in Homewood, is $46,455 while the average household income is $85,603. In 2029, the average income per capita for Homewood is expected to be $46,455.
Additional Information
60430Cook County
Is Homewood the Best Location for Franchise Opportunities and Growth?
What is the average income in Homewood?
The median household income in Homewood is $85,603, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Homewood an affordable place to start a franchise?
With a median income of $85,603, Homewood presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Homewood's income compare to other locations?
The median income of $85,603 in Homewood is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Homewood have a stable workforce to support my business?
Absolutely! With 4,284 employed individuals, Homewood offers a solid labor force to support franchise growth.
Is Homewood a growing economy?
With a workforce of 4,284 and a median household income of $85,603, Homewood provides a stable economic environment for new business opportunities.
Does homeownership in Homewood indicate a stable market?
Homeownership rates at 5,789 show a strong local investment in the community, which benefits long-term franchise success.
