Businesses for Sale | Park Ridge, Illinois
Discover business opportunities, in or around Park Ridge, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Park Ridge, located in The Prairie State had a total population of 37,549 people.
City Statistics and Other Information About Park Ridge
Demographics
From a total population of 37,549, Park Ridge has a median age of 44. The average age of males, in Park Ridge, is 43 while the average age of females is 45. When you compare the median age of men and women in Park Ridge, there is an average difference of 1.93 years.
Income
The median income of individuals, in Park Ridge, is $80,791 while the average household income is $143,159. In 2029, the average income per capita for Park Ridge is expected to be $80,791.
Additional Information
60068Cook County
Is Park Ridge the Best Location for Franchise Opportunities and Growth?
What is the average income in Park Ridge?
The median household income in Park Ridge is $143,159, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Park Ridge an affordable place to start a franchise?
With a median income of $143,159, Park Ridge presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Park Ridge's income compare to other locations?
The median income of $143,159 in Park Ridge is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Park Ridge have a stable workforce to support my business?
Absolutely! With 10,253 employed individuals, Park Ridge offers a solid labor force to support franchise growth.
Is Park Ridge a growing economy?
With a workforce of 10,253 and a median household income of $143,159, Park Ridge provides a stable economic environment for new business opportunities.
Does homeownership in Park Ridge indicate a stable market?
Homeownership rates at 11,812 show a strong local investment in the community, which benefits long-term franchise success.
