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Is 62703 a good location for a bakery?

What public records measure around the center of ZIP 62703 in Sangamon County, Illinois for a bakery: households and income, jobs within reach, resident spending and the bakeries already mapped there. Whether a particular address fits is a question about that address; check one free below.

ZIP check

ZIP 62703, Sangamon County, Illinois

Bakery. Measured from the center of the ZIP, not an address. ZIP 62703 covers 15 square miles, so its edges are about 2 miles from the center. Jobs and competitors are counted within a mile of the center and resident spending within 3 miles; the household figures beside are for the whole ZIP. Checked Oct 18, 2026.

ZIP 62703
12,316 households
Median household income
$45,009
Residents
28,922
Bakeries with employees, 2023
0

What stands out

  1. Few jobs within a short walk

    18Jobs
    3,441Households

    18 jobs are within a 5-minute walk (0.25 mile) and 1,784 within 10 minutes (0.5 mile), from Census workplace records for 2023.

  2. A typical amount of nearby competition

    1Bakeries, donut and bagel shops
    0.45 miNearest rival

    Overture's places data lists 1 bakeries, donut and bagel shops within half a mile (0 chain, 1 local multi-location and 0 independent) and 3 within a mile.

  3. What spending nearby can support

    $551KMiddle-case sales
    $4,600Rent the middle case supports

    Spending near the center of this ZIP supports an estimated $324,000 to $1.0 million a year in sales for this business (middle case $551,000).

  4. Moderate road traffic; walk-in trade depends on pedestrians

    275Vehicles a day
    900Busiest road nearby

    The nearest counted roads are Hoover Av, 275 vehicles a day (IDOT 2017), about 180 feet away; Woodward St, 500 vehicles a day (IDOT 2022), about 180 feet away; and Knox Av, 500 vehicles a day (IDOT 2022), about 210 feet away.

What the center of ZIP 62703 can sell each year

Middle case$551K

Sales a year, planning range

Low case$324K
High case$1.0M
Rivals within 1.5 mi4
Healthy share for this business
8% to 10%
Base rent the ZIP center supports
$2,150 to $8,700 a month

Resident, worker and student spending near the ZIP center, shared among competitors by distance (Huff model). A planning range with stated assumptions, not a forecast.

Competition

Competitors within half a mile1

54th percentile for nearby competition among 36 similar businesses in the Springfield metro area

Near the metro median of 1
Within a quarter mile0
Within 1 mile3

Nearest competitors

  • Competitor 1Local group2,400 ft
  • Competitor 2Chain4,890 ft
  • Competitor 3Local group4,990 ft

Overture Maps Foundation places, 2026-09-23.1. Listings, not verified hours or menus.

Jobs within walking distance

10-minute walk1,784

Jobs at workplaces within half a mile

5-minute walk18
Within 1 mile9,005
Office-type, half mile52

Largest employers within a 10-minute walk

  • Manufacturing1,097
  • Administrative support310
  • Health care102
  • Other services60
  • Wholesale53

Census LEHD workplace records, jobs as of 2023. Straight-line distances. Office attendance is still roughly half to 60% of 2020 levels. Jobs are workplaces, not visits.

Traffic on nearby roads

Vehicles a day on Hoover Av275

Nearest counted road, 2017 count

Busiest nearby, Fox Bridge Rd900

Other counted roads nearby

  • Woodward St180 ft500
  • Knox Av210 ft500
  • Allis St520 ft400
  • Fox Bridge Rd560 ft900

State DOT and FHWA annual average daily traffic, both directions. Vehicles, not foot traffic.

What an address adds

  • The free check of an addressThe same measurements within a short walk of one address in 62703: who lives and works right there, the competition on that block and the traffic on its road. No account.
  • The full reportFor one address: whether the rules allow a bakery there, the rent the location supports against the asking rent, what has opened and closed nearby, and the questions to settle before signing.

Have an address in 62703 in mind?

Check the address free

The bakery check reads the same public records at the address itself.

Sources: Overture Maps Foundation: Places (Overture Places release 2026-09-23.1); DoorWorthy demand model: resident, worker and student spending shared among competitors (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); U.S. Census Bureau: ACS (ACS 2020-2024 five-year estimates); U.S. Census Bureau Gazetteer: ZIP Code Tabulation Area center (ZCTA internal point; land area 15 square miles); U.S. Census ACS households by income with BLS Consumer Expenditure Survey spending (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); Illinois DOT traffic counts (Annual average daily traffic, latest count 2022); U.S. Census Bureau: LEHD LODES workplace jobs (LODES8 workplace area characteristics, jobs as of 2023); U.S. Census Bureau ZIP Code Business Patterns 2023 (establishments with paid employees). Listings and counts are public records, not visits or sales in this ZIP.

Questions about ZIP 62703.

ZIP 62703 for another business