Franchise Costs Near Cedarhurst, NY (11516)
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11516 is an urban area. with a population of 8,733 and household incomes well above the national median ($102,083).
Area Profile
8,733
Population
$102,083
Median Income
+37% vs. national
Urban
Area Type
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 29.6% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 11516.
12
Business Consultants
13.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,204
Median Gross Rent
$820 K
Median Home Value
5
Bank Branches
$1.9 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 12
- Bank Branches
- 5
vs. National Average
Median Income
+37% vs. $74,580
Nearby Markets
Check Another Market
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Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits