Businesses for Sale | Palos Park, Illinois
Discover business opportunities, in or around Palos Park, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Palos Park, located in The Prairie State had a total population of 4,678 people.
City Statistics and Other Information About Palos Park
Demographics
From a total population of 4,678, Palos Park has a median age of 54. The average age of males, in Palos Park, is 54 while the average age of females is 54. When you compare the median age of men and women in Palos Park, there is an average difference of 0.31 years.
Income
The median income of individuals, in Palos Park, is $72,563 while the average household income is $121,351. In 2029, the average income per capita for Palos Park is expected to be $72,563.
Additional Information
60464Cook County
Is Palos Park the Best Location for Franchise Opportunities and Growth?
What is the average income in Palos Park?
The median household income in Palos Park is $121,351, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Palos Park an affordable place to start a franchise?
With a median income of $121,351, Palos Park presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Palos Park's income compare to other locations?
The median income of $121,351 in Palos Park is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Palos Park have a stable workforce to support my business?
Absolutely! With 1,200 employed individuals, Palos Park offers a solid labor force to support franchise growth.
Is Palos Park a growing economy?
With a workforce of 1,200 and a median household income of $121,351, Palos Park provides a stable economic environment for new business opportunities.
Does homeownership in Palos Park indicate a stable market?
Homeownership rates at 1,751 show a strong local investment in the community, which benefits long-term franchise success.
