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Franchise Businesses Market: ZIP 10605

Opportunity Score
88 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 10605 is an urban area with moderate foot traffic. with a population of 19,371 and household incomes well above the national median ($145,587).

Area Profile

19,371
Population
$145,587
Median Income
+95% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 46.6 — older demographic, may prefer sit-down options.
College-Educated: 50.1% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 10605.

14
Business Consultants
7.2 per 10K residents

Operating Costs

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

$2,920
2BR Fair Market Rent
$2,195
Median Gross Rent
$760 K
Median Home Value
6
Bank Branches
$2.7 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 $145,587. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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