Franchise Businesses Market: ZIP 11554
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11554 is an urban area with moderate foot traffic. with a population of 35,806 and household incomes well above the national median ($128,770).
Area Profile
35,806
Population
$128,770
Median Income
+73% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 43.8 —
older demographic, may prefer sit-down options.
College-Educated: 32.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 11554.
19
Business Consultants
5.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,250
2BR Fair Market Rent
$2,539
Median Gross Rent
$610 K
Median Home Value
8
Bank Branches
$2.3 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 $128,770. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 19
- Bank Branches
- 8
vs. National Average
Median Income
+73% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
11556
1.7 mi
Pop: 0
Walk: 15.8
11553
2.5 mi
Pop: 28,344
$105,994
Walk: 14.5
11590
2.6 mi
Pop: 48,243
$149,250
Walk: 14.1
11549
2.8 mi
Pop: 2,420
11756
3.0 mi
Pop: 42,553
$139,901
Walk: 13.8
11575
3.3 mi
Pop: 19,430
$133,534
Walk: 14.0
11710
3.7 mi
Pop: 34,459
$173,136
Walk: 14.8
11801
3.8 mi
Pop: 41,792
$147,945
Walk: 14.3
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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