Franchise Businesses Market: ZIP 07514
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07514 is an urban area with high foot traffic. with a population of 18,912 and household incomes near the national median ($65,492).
Area Profile
18,912
Population
$65,492
Median Income
-12% vs. national
Urban
Area Type
15.3/20
Foot Traffic
Very Walkable
Median Age: 39.1 —
mixed-age market, broad menu appeal.
College-Educated: 8.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
2BR Fair Market Rent
$1,472
Median Gross Rent
$310 K
Median Home Value
1
Bank Branches
$160 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-12% vs. $74,580
Walkability
+4.8 pts vs. national avg
Nearby Markets
07504
0.9 mi
Pop: 13,485
$67,269
07524
1.0 mi
Pop: 14,676
$50,033
Walk: 14.9
07513
1.4 mi
Pop: 10,961
$64,320
Walk: 14.6
07410
2.0 mi
Pop: 35,153
$147,952
Walk: 15.6
07505
2.0 mi
Pop: 4,617
$33,311
Walk: 16.0
07503
2.0 mi
Pop: 19,567
$60,295
Walk: 13.4
07501
2.0 mi
Pop: 35,321
$40,699
Walk: 14.7
07407
2.2 mi
Pop: 21,287
$100,852
Walk: 14.3
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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