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Businesses for Sale | Elk Grove Village, Illinois

Discover business opportunities, in or around Elk Grove Village, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Elk Grove Village, located in The Prairie State had a total population of 31,042 people.

Top Franchise Opportunities in Elk Grove Village, Illinois on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Financial Franchises$70,000
2Business Opportunities$30,000
3Pet Franchises$90,000
4Business Services$50,000
5Business Opportunities$100,000
6Food & Restaurant$25,000
7Home Services & Repair Franchises$50,000
8Computer & Internet Franchises$10,000
9Retail Franchises$150,000
10Personnel & Staffing$150,000

City Statistics and Other Information About Elk Grove Village

Demographics

From a total population of 31,042, Elk Grove Village has a median age of 44. The average age of males, in Elk Grove Village, is 43 while the average age of females is 46. When you compare the median age of men and women in Elk Grove Village, there is an average difference of 2.83 years.

Income

The median income of individuals, in Elk Grove Village, is $55,567 while the average household income is $95,059. In 2029, the average income per capita for Elk Grove Village is expected to be $55,567.

Additional Information

60007 - 60009
Cook County

Is Elk Grove Village the Best Location for Franchise Opportunities and Growth?

What is the average income in Elk Grove Village?

The median household income in Elk Grove Village is $95,059, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Elk Grove Village an affordable place to start a franchise?

With a median income of $95,059, Elk Grove Village presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Elk Grove Village's income compare to other locations?

The median income of $95,059 in Elk Grove Village is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Elk Grove Village have a stable workforce to support my business?

Absolutely! With 9,054 employed individuals, Elk Grove Village offers a solid labor force to support franchise growth.

Is Elk Grove Village a growing economy?

With a workforce of 9,054 and a median household income of $95,059, Elk Grove Village provides a stable economic environment for new business opportunities.

Does homeownership in Elk Grove Village indicate a stable market?

Homeownership rates at 9,563 show a strong local investment in the community, which benefits long-term franchise success.

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