Franchise Businesses Market: ZIP 07501
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07501 is an urban area with moderate foot traffic. 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
14.7/20
Foot Traffic
Very Car-Dependent
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.
$1,620
2BR Fair Market Rent
$1,442
Median Gross Rent
$300 K
Median Home Value
2
Bank Branches
$160 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-45% vs. $74,580
Walkability
+4.2 pts vs. national avg
Nearby Markets
07505
0.4 mi
Pop: 4,617
$33,311
Walk: 16.0
07522
1.0 mi
Pop: 22,599
$48,002
Walk: 13.6
07503
1.5 mi
Pop: 19,567
$60,295
Walk: 13.4
07513
1.6 mi
Pop: 10,961
$64,320
Walk: 14.6
07524
1.7 mi
Pop: 14,676
$50,033
Walk: 14.9
07502
1.7 mi
Pop: 17,488
$68,649
07514
2.0 mi
Pop: 18,912
$65,492
Walk: 15.3
07504
2.1 mi
Pop: 13,485
$67,269
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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