Franchise Businesses Market: ZIP 10923
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10923 is an urban area. with a population of 9,188 and household incomes above the national median ($95,769).
Area Profile
9,188
Population
$95,769
Median Income
+28% vs. national
Urban
Area Type
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 23.6% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 10923.
3
Business Consultants
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,540
2BR Fair Market Rent
$1,827
Median Gross Rent
$460 K
Median Home Value
1
Bank Branches
$130 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 1
vs. National Average
Median Income
+28% vs. $74,580
Nearby Markets
10984
1.3 mi
Pop: 2,760
$109,583
Walk: 7.3
10993
2.0 mi
Pop: 4,230
$65,250
Walk: 9.7
10927
2.6 mi
Pop: 12,273
$67,447
Walk: 12.6
10956
3.4 mi
Pop: 31,420
$179,060
Walk: 7.8
10970
4.3 mi
Pop: 11,636
$118,445
10980
4.5 mi
Pop: 13,793
$125,333
Walk: 7.4
10596
4.7 mi
Pop: 657
$81,893
Walk: 11.0
10548
5.3 mi
Pop: 4,302
$140,000
Walk: 12.3
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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