FranchiseBudget
Home ZIP 10017

Franchise Businesses Market: ZIP 10017

Opportunity Score
85 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 10017 is an urban area with moderate foot traffic. with a population of 14,985 and household incomes well above the national median ($132,518).

Area Profile

14,985
Population
$132,518
Median Income
+78% vs. national
Urban
Area Type
11.5/20
Foot Traffic
Walkable
Median Age: 41.4 — older demographic, may prefer sit-down options.
College-Educated: 75.5% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 10017.

114
Business Consultants
76.1 per 10K residents
7
Small Business Lenders
4.7 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$3,870
2BR Fair Market Rent
$2,980
Median Gross Rent
$810 K
Median Home Value
27
Bank Branches
$620 M deposits

Tips for Starting a Franchise Business in New York

  • 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 $132,518. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Related Businesses
121
Bank Branches
27

vs. National Average

Median Income
+78% vs. $74,580
Walkability
+1.0 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits