Franchise Businesses Market: ZIP 06385
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06385 is an urban area with low foot traffic. with a population of 15,900 and household incomes well above the national median ($110,375).
Area Profile
15,900
Population
$110,375
Median Income
+48% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 46.9 —
older demographic, may prefer sit-down options.
College-Educated: 30.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,900
2BR Fair Market Rent
$1,593
Median Gross Rent
$330 K
Median Home Value
6
Bank Branches
$540 K deposits
Tips for Starting a Franchise Business in Connecticut
- 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.
- The median income here is $110,375. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 6
vs. National Average
Median Income
+48% vs. $74,580
Walkability
-2.2 pts vs. national avg
Nearby Markets
06375
3.8 mi
Pop: 3,667
$104,427
06320
3.9 mi
Pop: 27,275
$60,224
Walk: 14.6
06357
5.2 mi
Pop: 11,315
$98,852
Walk: 10.3
06333
5.3 mi
Pop: 7,323
$131,628
Walk: 8.8
06353
6.6 mi
Pop: 369
06382
7.3 mi
Pop: 10,076
$85,021
Walk: 8.7
06370
7.6 mi
Pop: 7,547
$100,891
Walk: 5.2
06340
8.0 mi
Pop: 29,833
$77,768
Walk: 11.2
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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