Franchise Businesses Market: ZIP 11576
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11576 is an urban area with moderate foot traffic. with a population of 12,796 and household incomes well above the national median ($232,279).
Area Profile
12,796
Population
$232,279
Median Income
+211% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 48.3 —
older demographic, may prefer sit-down options.
College-Educated: 57.7% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 11576.
13
Business Consultants
10.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,650
2BR Fair Market Rent
$2,239
Median Gross Rent
$1.2 M
Median Home Value
4
Bank Branches
$900 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 $232,279. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 13
- Bank Branches
- 4
vs. National Average
Median Income
+211% vs. $74,580
Walkability
+2.6 pts vs. national avg
Nearby Markets
11577
1.1 mi
Pop: 12,771
$183,233
Walk: 14.5
11507
1.8 mi
Pop: 6,581
$162,991
11547
2.2 mi
Pop: 788
$123,452
11548
2.5 mi
Pop: 2,171
$107,386
Walk: 11.8
11596
2.6 mi
Pop: 10,378
$162,026
Walk: 16.2
11030
2.9 mi
Pop: 17,703
$247,393
Walk: 15.1
11579
3.3 mi
Pop: 5,037
$185,650
Walk: 15.2
11501
3.5 mi
Pop: 21,590
$138,323
Walk: 16.6
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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