Businesses for Sale | Palatine, Illinois
Discover business opportunities, in or around Palatine, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Palatine, located in The Prairie State had a total population of 64,807 people.
City Statistics and Other Information About Palatine
Demographics
From a total population of 64,807, Palatine has a median age of 40. The average age of males, in Palatine, is 39 while the average age of females is 41. When you compare the median age of men and women in Palatine, there is an average difference of 2.04 years.
Income
The median income of individuals, in Palatine, is $61,054 while the average household income is $96,323. In 2029, the average income per capita for Palatine is expected to be $61,054.
Additional Information
60038 - 60251Cook County
Is Palatine the Best Location for Franchise Opportunities and Growth?
What is the average income in Palatine?
The median household income in Palatine is $96,323, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Palatine an affordable place to start a franchise?
With a median income of $96,323, Palatine presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Palatine's income compare to other locations?
The median income of $96,323 in Palatine is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Palatine have a stable workforce to support my business?
Absolutely! With 19,866 employed individuals, Palatine offers a solid labor force to support franchise growth.
Is Palatine a growing economy?
With a workforce of 19,866 and a median household income of $96,323, Palatine provides a stable economic environment for new business opportunities.
Does homeownership in Palatine indicate a stable market?
Homeownership rates at 18,042 show a strong local investment in the community, which benefits long-term franchise success.
