Franchise Costs Near Elizabeth, NJ (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 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
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.
$1,364
Median Gross Rent
$430 K
Median Home Value
8
Bank Branches
$1.2 M 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
- 8
vs. National Average
Median Income
-17% 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