Franchise Businesses Market: ZIP 08006
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08006 is an urban area. with a population of 473 and household incomes well above the national median ($104,583).
Area Profile
473
Population
$104,583
Median Income
+40% vs. national
Urban
Area Type
Median Age: 60.9 —
older demographic, may prefer sit-down options.
College-Educated: 59.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$1.1 M
Median Home Value
Tips for Starting a Franchise Business in New Jersey
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- The median income here is $104,583. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+40% vs. $74,580
Nearby Markets
08752
6.0 mi
Pop: 2,254
$75,865
Walk: 1.0
08734
8.7 mi
Pop: 8,028
$121,033
Walk: 9.4
08050
9.0 mi
Pop: 27,599
$115,456
Walk: 8.6
08758
10.5 mi
Pop: 8,010
$103,877
08008
11.2 mi
Pop: 6,938
$116,544
Walk: 8.7
08721
12.0 mi
Pop: 22,464
$104,361
Walk: 8.1
08740
12.3 mi
Pop: 1,768
$75,278
Walk: 9.1
08741
13.4 mi
Pop: 2,769
$140,034
Walk: 10.1
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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