Franchise Businesses Market: ZIP 10970
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10970 is an urban area. with a population of 11,636 and household incomes well above the national median ($118,445).
Area Profile
11,636
Population
$118,445
Median Income
+59% vs. national
Urban
Area Type
Median Age: 36.6 —
mixed-age market, broad menu appeal.
College-Educated: 30.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 10970.
8
Business Consultants
6.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,480
2BR Fair Market Rent
$1,877
Median Gross Rent
$360 K
Median Home Value
2
Bank Branches
$380 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 $118,445. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 8
- Bank Branches
- 2
vs. National Average
Median Income
+59% vs. $74,580
Nearby Markets
10984
3.1 mi
Pop: 2,760
$109,583
Walk: 7.3
10980
3.8 mi
Pop: 13,793
$125,333
Walk: 7.4
10923
4.3 mi
Pop: 9,188
$95,769
10977
4.6 mi
Pop: 71,465
$77,724
Walk: 9.2
10901
5.0 mi
Pop: 26,224
$114,651
Walk: 10.5
10952
5.2 mi
Pop: 47,169
$70,696
Walk: 8.4
10956
5.2 mi
Pop: 31,420
$179,060
Walk: 7.8
10993
6.4 mi
Pop: 4,230
$65,250
Walk: 9.7
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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