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Businesses for Sale | Morton Grove, Illinois

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

As of the 2024 ACH Map Data, Morton Grove, located in The Prairie State had a total population of 23,996 people.

Top Franchise Opportunities in Morton Grove, Illinois on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Home Services & Repair Franchises$50,000
2Business Opportunities$100,000
3Pet Franchises$90,000
4Business Services$50,000
5Financial Franchises$70,000
6Business Opportunities$30,000
7Computer & Internet Franchises$10,000
8Food & Restaurant$25,000
9Home Services & Repair Franchises$85,000
10Food & Restaurant$200,000

City Statistics and Other Information About Morton Grove

Demographics

From a total population of 23,996, Morton Grove has a median age of 44. The average age of males, in Morton Grove, is 43 while the average age of females is 46. When you compare the median age of men and women in Morton Grove, there is an average difference of 2.66 years.

Income

The median income of individuals, in Morton Grove, is $53,011 while the average household income is $106,058. In 2029, the average income per capita for Morton Grove is expected to be $53,011.

Additional Information

60053
Cook County

Is Morton Grove the Best Location for Franchise Opportunities and Growth?

What is the average income in Morton Grove?

The median household income in Morton Grove is $106,058, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Morton Grove an affordable place to start a franchise?

With a median income of $106,058, Morton Grove presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Morton Grove's income compare to other locations?

The median income of $106,058 in Morton Grove is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Morton Grove have a stable workforce to support my business?

Absolutely! With 6,401 employed individuals, Morton Grove offers a solid labor force to support franchise growth.

Is Morton Grove a growing economy?

With a workforce of 6,401 and a median household income of $106,058, Morton Grove provides a stable economic environment for new business opportunities.

Does homeownership in Morton Grove indicate a stable market?

Homeownership rates at 7,684 show a strong local investment in the community, which benefits long-term franchise success.

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