Franchise Businesses Market: ZIP 10576
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10576 is an urban area with low foot traffic. with a population of 4,904 and household incomes well above the national median ($227,344).
Area Profile
4,904
Population
$227,344
Median Income
+205% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 51.8 —
older demographic, may prefer sit-down options.
College-Educated: 56.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 10576.
7
Business Consultants
14.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,630
2BR Fair Market Rent
$3,501
Median Gross Rent
$1 M
Median Home Value
1
Bank Branches
$29 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 $227,344. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 1
vs. National Average
Median Income
+205% vs. $74,580
Walkability
-1.8 pts vs. national avg
Nearby Markets
10518
3.3 mi
Pop: 789
$167,368
10590
3.4 mi
Pop: 7,314
$198,563
Walk: 5.6
10506
5.1 mi
Pop: 6,246
$250,001
10597
5.2 mi
Pop: 652
$211,591
Walk: 6.1
06903
5.9 mi
Pop: 13,630
$203,438
Walk: 8.6
06840
6.5 mi
Pop: 20,704
$250,001
Walk: 5.2
10526
7.8 mi
Pop: 2,040
$250,001
06877
8.3 mi
Pop: 25,029
$168,991
Walk: 6.2
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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