Franchise Businesses Market: ZIP 06405
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06405 is an urban area with low foot traffic. with a population of 28,090 and household incomes above the national median ($97,223).
Area Profile
28,090
Population
$97,223
Median Income
+30% vs. national
Urban
Area Type
9.6/20
Foot Traffic
Very Car-Dependent
Median Age: 54.4 —
older demographic, may prefer sit-down options.
College-Educated: 40.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,970
2BR Fair Market Rent
$1,529
Median Gross Rent
$390 K
Median Home Value
10
Bank Branches
$1.2 M 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 10
vs. National Average
Median Income
+30% vs. $74,580
Walkability
-0.9 pts vs. national avg
Nearby Markets
06471
3.8 mi
Pop: 7,073
$120,885
Walk: 7.9
06512
6.2 mi
Pop: 29,347
$84,034
Walk: 13.0
06513
6.4 mi
Pop: 38,343
$46,520
Walk: 12.7
06437
7.1 mi
Pop: 22,037
$130,036
Walk: 7.8
06472
7.9 mi
Pop: 6,414
$108,333
Walk: 5.7
06473
8.5 mi
Pop: 24,527
$127,370
Walk: 12.5
06517
9.6 mi
Pop: 14,867
$97,154
Walk: 13.0
06510
9.9 mi
Pop: 4,205
$63,598
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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