Franchise Businesses Market: ZIP 07304
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07304 is an urban area with moderate foot traffic. with a population of 49,260 and household incomes near the national median ($68,432).
Area Profile
49,260
Population
$68,432
Median Income
-8% vs. national
Urban
Area Type
14.6/20
Foot Traffic
Very Car-Dependent
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 27.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 07304.
4
Business Consultants
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
$1,572
Median Gross Rent
$490 K
Median Home Value
4
Bank Branches
$430 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
-8% vs. $74,580
Walkability
+4.1 pts vs. national avg
Nearby Markets
07306
1.4 mi
Pop: 54,567
$75,861
Walk: 13.7
07305
1.7 mi
Pop: 71,643
$77,126
Walk: 13.3
07302
2.2 mi
Pop: 55,448
$166,854
Walk: 15.5
07307
2.8 mi
Pop: 42,242
$80,745
Walk: 14.2
07311
3.0 mi
Pop: 1,954
$179,928
07310
3.1 mi
Pop: 14,577
$172,946
Walk: 12.0
07030
3.9 mi
Pop: 58,340
$176,943
Walk: 15.4
07032
4.0 mi
Pop: 40,570
$83,212
Walk: 13.9
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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