Franchise Costs Near New York, NY (10003)
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10003 is an urban area. with a population of 53,825 and household incomes well above the national median ($153,750). There are 6 franchise businesses operations in ZIP 10003.
Area Profile
53,825
Population
$153,750
Median Income
+106% vs. national
Urban
Area Type
Median Age: 31.7 —
mixed-age market, broad menu appeal.
College-Educated: 55.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 10003.
6
Franchise Businesses
Moderate — proven market
1.1 per 10K residents
58
Business Consultants
10.8 per 10K residents
What this means:
Franchise Businesses are 9.4% of the relevant market in ZIP 10003 (6 vs. 58 related businesses).
Moderate presence with proven demand and room for new operators.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,772
Median Gross Rent
$1.1 M
Median Home Value
31
Bank Branches
$11 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Franchise Businesses
- 6
- Related Businesses
- 58
- Bank Branches
- 31
vs. National Average
Median Income
+106% 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