Franchise Businesses Market: ZIP 08620
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08620 is an urban area with low foot traffic. with a population of 11,949 and household incomes well above the national median ($108,732).
Area Profile
11,949
Population
$108,732
Median Income
+46% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 20.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,700
2BR Fair Market Rent
$1,490
Median Gross Rent
$340 K
Median Home Value
1
Bank Branches
$150 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+46% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
08515
3.6 mi
Pop: 8,167
$193,783
Walk: 7.1
08690
3.9 mi
Pop: 18,996
$122,665
Walk: 12.4
08691
4.4 mi
Pop: 16,924
$129,900
Walk: 9.1
08505
4.5 mi
Pop: 18,913
$111,946
Walk: 10.7
08610
4.7 mi
Pop: 33,387
$87,159
Walk: 15.7
08619
5.9 mi
Pop: 23,512
$104,922
Walk: 12.3
08611
6.2 mi
Pop: 32,786
$50,806
Walk: 15.1
08629
6.5 mi
Pop: 13,015
$81,367
Walk: 14.8
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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