Franchise Businesses Market: ZIP 10308
Opportunity Score
91
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10308 is an urban area with moderate foot traffic. with a population of 29,996 and household incomes well above the national median ($122,654).
Area Profile
29,996
Population
$122,654
Median Income
+64% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 29.3% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 10308.
6
Business Consultants
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,660
2BR Fair Market Rent
$1,729
Median Gross Rent
$650 K
Median Home Value
6
Bank Branches
$680 K 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 $122,654. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 6
vs. National Average
Median Income
+64% vs. $74,580
Walkability
+3.8 pts vs. national avg
Nearby Markets
10312
2.1 mi
Pop: 63,345
$111,434
Walk: 13.3
10306
2.3 mi
Pop: 57,249
$97,746
Walk: 13.5
10314
3.4 mi
Pop: 93,539
$104,655
Walk: 14.4
10311
4.1 mi
Pop: 0
10309
5.0 mi
Pop: 34,918
$123,638
Walk: 12.2
10304
5.4 mi
Pop: 45,843
$71,506
Walk: 13.9
10302
5.5 mi
Pop: 19,693
$76,089
10303
5.5 mi
Pop: 25,993
$79,429
Walk: 13.1
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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