FranchiseBudget
Showing results for ZIP 62942 (IL)
Home ZIP 10512

Franchise Businesses Market: ZIP 10512

Opportunity Score
79 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 10512 is an urban area with low foot traffic. with a population of 24,238 and household incomes well above the national median ($124,519).

Area Profile

24,238
Population
$124,519
Median Income
+67% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 44.2 — older demographic, may prefer sit-down options.
College-Educated: 31.2% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 10512.

6
Business Consultants
2.5 per 10K residents

Operating Costs

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

$2,480
2BR Fair Market Rent
$1,607
Median Gross Rent
$400 K
Median Home Value
6
Bank Branches
$600 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 $124,519. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Related Businesses
6
Bank Branches
6

vs. National Average

Median Income
+67% vs. $74,580
Walkability
-3.2 pts vs. national avg

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