Franchise Costs Near Cedar Grove, NJ (07009)
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07009 is an urban area. with a population of 13,317 and household incomes well above the national median ($153,654).
Area Profile
13,317
Population
$153,654
Median Income
+106% vs. national
Urban
Area Type
Median Age: 45.3 —
older demographic, may prefer sit-down options.
College-Educated: 42.7% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 07009.
3
Business Consultants
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,693
Median Gross Rent
$600 K
Median Home Value
6
Bank Branches
$640 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 6
vs. National Average
Median Income
+106% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits