Franchise Businesses Market: ZIP 07094
Opportunity Score
89
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07094 is an urban area with moderate foot traffic. with a population of 21,437 and household incomes well above the national median ($134,746).
Area Profile
21,437
Population
$134,746
Median Income
+81% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 46.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 07094.
12
Business Consultants
5.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,940
2BR Fair Market Rent
$2,197
Median Gross Rent
$560 K
Median Home Value
6
Bank Branches
$930 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 12
- Bank Branches
- 6
vs. National Average
Median Income
+81% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
07307
2.3 mi
Pop: 42,242
$80,745
Walk: 14.2
07087
2.6 mi
Pop: 66,375
$65,369
Walk: 15.6
07073
2.7 mi
Pop: 10,154
$91,789
Walk: 15.5
07047
3.0 mi
Pop: 61,202
$75,505
Walk: 14.3
07072
3.1 mi
Pop: 6,343
$94,854
Walk: 15.1
07306
3.2 mi
Pop: 54,567
$75,861
Walk: 13.7
07071
3.3 mi
Pop: 22,343
$109,021
Walk: 14.8
07086
3.6 mi
Pop: 16,946
$122,653
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