Franchise Businesses Market: ZIP 10538
Opportunity Score
96
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10538 is an urban area with high foot traffic. with a population of 17,709 and household incomes well above the national median ($186,555).
Area Profile
17,709
Population
$186,555
Median Income
+150% vs. national
Urban
Area Type
17.6/20
Foot Traffic
Very Walkable
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 56.6% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 10538.
20
Business Consultants
11.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,950
2BR Fair Market Rent
$2,115
Median Gross Rent
$1.2 M
Median Home Value
7
Bank Branches
$1.9 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 $186,555. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 20
- Bank Branches
- 7
vs. National Average
Median Income
+150% vs. $74,580
Walkability
+7.1 pts vs. national avg
Nearby Markets
10543
1.7 mi
Pop: 21,022
$128,418
Walk: 14.7
10804
2.3 mi
Pop: 15,228
$220,089
Walk: 12.9
10801
2.4 mi
Pop: 41,984
$83,534
Walk: 15.2
10528
3.4 mi
Pop: 13,822
$151,193
Walk: 14.0
10805
3.5 mi
Pop: 21,230
$89,964
Walk: 13.7
10709
3.8 mi
Pop: 10,274
$175,424
Walk: 15.3
10583
4.2 mi
Pop: 40,612
$250,001
Walk: 12.9
10803
4.3 mi
Pop: 13,096
$212,288
Walk: 14.3
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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