Franchise Businesses Market: ZIP 11362
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11362 is an urban area with high foot traffic. with a population of 18,156 and household incomes well above the national median ($118,989).
Area Profile
18,156
Population
$118,989
Median Income
+60% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 50.5 —
older demographic, may prefer sit-down options.
College-Educated: 41.4% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 11362.
11
Business Consultants
6.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,290
2BR Fair Market Rent
$2,548
Median Gross Rent
$630 K
Median Home Value
5
Bank Branches
$1 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 $118,989. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 11
- Bank Branches
- 5
vs. National Average
Median Income
+60% vs. $74,580
Walkability
+4.6 pts vs. national avg
Nearby Markets
11005
1.3 mi
Pop: 2,195
$91,719
Walk: 11.2
11363
1.3 mi
Pop: 7,515
$110,833
Walk: 13.2
11020
1.4 mi
Pop: 5,986
$169,265
11004
1.7 mi
Pop: 14,296
$109,865
Walk: 16.1
11021
1.7 mi
Pop: 19,474
$122,390
Walk: 15.5
11426
1.8 mi
Pop: 19,638
$107,591
Walk: 14.6
11364
1.9 mi
Pop: 36,417
$101,222
Walk: 13.9
11427
2.2 mi
Pop: 25,124
$92,129
Walk: 14.1
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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