Franchise Businesses Market: ZIP 06604
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06604 is an urban area with high foot traffic. with a population of 29,497 and household incomes below the national median ($45,794).
Area Profile
29,497
Population
$45,794
Median Income
-39% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 20.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 06604.
3
Business Consultants
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,419
Median Gross Rent
$230 K
Median Home Value
4
Bank Branches
$3.8 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 Walkable
- Related Businesses
- 3
- Bank Branches
- 4
vs. National Average
Median Income
-39% vs. $74,580
Walkability
+4.6 pts vs. national avg
Nearby Markets
06605
0.7 mi
Pop: 25,238
$59,673
Walk: 14.3
06608
3.0 mi
Pop: 12,558
$43,008
Walk: 15.8
06607
3.2 mi
Pop: 7,709
$49,555
Walk: 13.1
06825
3.7 mi
Pop: 20,992
$126,744
Walk: 11.3
06606
4.0 mi
Pop: 50,918
$68,538
Walk: 13.2
06824
5.0 mi
Pop: 36,868
$193,149
Walk: 9.2
06610
5.0 mi
Pop: 22,092
$50,836
Walk: 13.8
06890
5.3 mi
Pop: 4,566
$214,523
Walk: 7.8
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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