Franchise Businesses Market: ZIP 10968
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10968 is an urban area. with a population of 2,406 and household incomes well above the national median ($132,105).
Area Profile
2,406
Population
$132,105
Median Income
+77% vs. national
Urban
Area Type
Median Age: 50.6 —
older demographic, may prefer sit-down options.
College-Educated: 51.9% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 10968.
3
Business Consultants
12.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,990
2BR Fair Market Rent
$2,019
Median Gross Rent
$620 K
Median Home Value
1
Bank Branches
$47 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 $132,105. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 1
vs. National Average
Median Income
+77% vs. $74,580
Nearby Markets
10976
1.1 mi
Pop: 2,215
$95,956
Walk: 7.5
10964
1.5 mi
Pop: 1,395
10983
1.9 mi
Pop: 5,489
$178,664
Walk: 7.8
07647
2.4 mi
Pop: 5,301
$118,614
Walk: 9.9
10962
2.9 mi
Pop: 4,921
$171,389
Walk: 7.7
10913
3.3 mi
Pop: 5,333
$175,000
10503
3.3 mi
Pop: 127
$250,001
10960
3.6 mi
Pop: 15,277
$126,404
Walk: 10.2
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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