Franchise Businesses Market: ZIP 07072
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07072 is an urban area with high foot traffic. with a population of 6,343 and household incomes above the national median ($94,854).
Area Profile
6,343
Population
$94,854
Median Income
+27% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 23.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 07072.
5
Business Consultants
7.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,060
2BR Fair Market Rent
$1,503
Median Gross Rent
$520 K
Median Home Value
1
Bank Branches
$52 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 5
- Bank Branches
- 1
vs. National Average
Median Income
+27% vs. $74,580
Walkability
+4.6 pts vs. national avg
Nearby Markets
07074
1.0 mi
Pop: 3,106
$108,359
07608
1.6 mi
Pop: 120
Walk: 14.4
07073
1.7 mi
Pop: 10,154
$91,789
Walk: 15.5
07643
2.3 mi
Pop: 10,942
$79,476
Walk: 14.1
07075
2.4 mi
Pop: 10,094
$131,412
07604
2.5 mi
Pop: 12,067
$118,670
Walk: 14.8
07606
2.8 mi
Pop: 2,771
$82,750
07070
3.0 mi
Pop: 18,748
$136,069
Walk: 14.9
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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