Franchise Businesses Market: ZIP 06605
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06605 is an urban area with moderate foot traffic. with a population of 25,238 and household incomes near the national median ($59,673).
Area Profile
25,238
Population
$59,673
Median Income
-20% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 33.6 —
mixed-age market, broad menu appeal.
College-Educated: 21.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,423
Median Gross Rent
$270 K
Median Home Value
2
Bank Branches
$56 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-20% vs. $74,580
Walkability
+3.8 pts vs. national avg
Nearby Markets
06604
0.7 mi
Pop: 29,497
$45,794
Walk: 15.1
06608
3.0 mi
Pop: 12,558
$43,008
Walk: 15.8
06825
3.0 mi
Pop: 20,992
$126,744
Walk: 11.3
06607
3.5 mi
Pop: 7,709
$49,555
Walk: 13.1
06606
3.6 mi
Pop: 50,918
$68,538
Walk: 13.2
06824
4.4 mi
Pop: 36,868
$193,149
Walk: 9.2
06890
4.9 mi
Pop: 4,566
$214,523
Walk: 7.8
06610
4.9 mi
Pop: 22,092
$50,836
Walk: 13.8
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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