Franchise Businesses Market: ZIP 00987
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00987 is an urban area with low foot traffic. with a population of 55,039 and household incomes below the national median ($40,295).
Area Profile
55,039
Population
$40,295
Median Income
-46% vs. national
Urban
Area Type
4.4/20
Foot Traffic
Very Car-Dependent
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 28.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$810
2BR Fair Market Rent
$778
Median Gross Rent
$150 K
Median Home Value
3
Bank Branches
$580 K deposits
Tips for Starting a Franchise Business in ZIP 00987
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- Median income sits at $40,295. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
-46% vs. $74,580
Walkability
-6.1 pts vs. national avg
Nearby Markets
00976
3.5 mi
Pop: 61,306
$38,087
Walk: 5.0
00729
4.0 mi
Pop: 47,653
$28,765
Walk: 5.3
00985
4.6 mi
Pop: 31,783
$35,012
Walk: 5.8
00982
5.5 mi
Pop: 13,839
$26,550
Walk: 5.9
00983
5.7 mi
Pop: 31,583
$33,930
Walk: 6.2
00778
6.0 mi
Pop: 40,391
$39,564
Walk: 4.5
00924
6.1 mi
Pop: 47,800
$22,433
Walk: 6.4
00772
7.1 mi
Pop: 16,961
$18,408
Walk: 5.1
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits