Franchise Costs Near Paterson, NJ (07501)
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07501 is an urban area. with a population of 35,321 and household incomes below the national median ($40,699).
Area Profile
35,321
Population
$40,699
Median Income
-45% vs. national
Urban
Area Type
Median Age: 31.3 —
mixed-age market, broad menu appeal.
College-Educated: 5.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,442
Median Gross Rent
$300 K
Median Home Value
2
Bank Branches
$160 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
-45% 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