Franchise Businesses Market: ZIP 07208
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07208 is an urban area with moderate foot traffic. with a population of 32,404 and household incomes near the national median ($61,873).
Area Profile
32,404
Population
$61,873
Median Income
-17% vs. national
Urban
Area Type
13.2/20
Foot Traffic
Walkable
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 07208.
3
Business Consultants
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,940
2BR Fair Market Rent
$1,364
Median Gross Rent
$430 K
Median Home Value
8
Bank Branches
$1.2 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
-17% vs. $74,580
Walkability
+2.7 pts vs. national avg
Nearby Markets
07202
1.5 mi
Pop: 44,638
$68,071
Walk: 15.3
07205
1.6 mi
Pop: 22,179
$98,558
Walk: 13.2
07112
2.8 mi
Pop: 27,633
$55,171
Walk: 13.6
07203
2.9 mi
Pop: 22,455
$82,967
Walk: 14.1
07204
3.0 mi
Pop: 13,965
$104,418
Walk: 14.8
07206
3.1 mi
Pop: 31,120
$60,992
Walk: 11.5
07201
3.2 mi
Pop: 27,725
$62,026
Walk: 12.4
07036
3.5 mi
Pop: 45,101
$89,942
Walk: 14.2
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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