Franchise Businesses Market: ZIP 10954
Opportunity Score
96
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10954 is an urban area. with a population of 27,474 and household incomes well above the national median ($112,927).
Area Profile
27,474
Population
$112,927
Median Income
+51% vs. national
Urban
Area Type
Median Age: 43.8 —
older demographic, may prefer sit-down options.
College-Educated: 33.2% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 10954.
9
Business Consultants
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,280
2BR Fair Market Rent
$2,184
Median Gross Rent
$500 K
Median Home Value
8
Bank Branches
$1.7 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 $112,927. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 9
- Bank Branches
- 8
vs. National Average
Median Income
+51% vs. $74,580
Nearby Markets
10965
2.6 mi
Pop: 15,526
$136,970
Walk: 10.7
10994
2.8 mi
Pop: 5,925
$166,838
Walk: 8.1
10977
2.8 mi
Pop: 71,465
$77,724
Walk: 9.2
07645
3.9 mi
Pop: 8,625
$183,664
Walk: 10.4
10956
4.0 mi
Pop: 31,420
$179,060
Walk: 7.8
10913
4.5 mi
Pop: 5,333
$175,000
10952
4.6 mi
Pop: 47,169
$70,696
Walk: 8.4
07656
4.9 mi
Pop: 9,218
$165,391
Walk: 10.6
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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