Businesses for Sale | Waukegan, Illinois
Discover business opportunities, in or around Waukegan, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Waukegan, located in The Prairie State had a total population of 88,869 people.
City Statistics and Other Information About Waukegan
Demographics
From a total population of 88,869, Waukegan has a median age of 32. The average age of males, in Waukegan, is 32 while the average age of females is 32. When you compare the median age of men and women in Waukegan, there is an average difference of 0.04 years.
Income
The median income of individuals, in Waukegan, is $33,478 while the average household income is $69,286. In 2029, the average income per capita for Waukegan is expected to be $33,478.
Additional Information
60079 - 60087Lake County
Is Waukegan the Best Location for Franchise Opportunities and Growth?
What is the average income in Waukegan?
The median household income in Waukegan is $69,286, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Waukegan an affordable place to start a franchise?
With a median income of $69,286, Waukegan presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Waukegan's income compare to other locations?
The median income of $69,286 in Waukegan is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Waukegan have a stable workforce to support my business?
Absolutely! With 23,726 employed individuals, Waukegan offers a solid labor force to support franchise growth.
Is Waukegan a growing economy?
With a workforce of 23,726 and a median household income of $69,286, Waukegan provides an emerging economic environment for new business opportunities.
Does homeownership in Waukegan indicate a stable market?
Homeownership rates at 14,297 show a strong local investment in the community, which benefits long-term franchise success.
