Franchise Businesses Market: ZIP 11581
Opportunity Score
91
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11581 is an urban area with moderate foot traffic. with a population of 22,652 and household incomes well above the national median ($138,821).
Area Profile
22,652
Population
$138,821
Median Income
+86% vs. national
Urban
Area Type
14.4/20
Foot Traffic
Very Car-Dependent
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 31.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 11581.
12
Business Consultants
5.3 per 10K residents
3
Small Business Lenders
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,410
2BR Fair Market Rent
$2,198
Median Gross Rent
$650 K
Median Home Value
3
Bank Branches
$540 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 $138,821. 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
- 15
- Bank Branches
- 3
vs. National Average
Median Income
+86% vs. $74,580
Walkability
+3.9 pts vs. national avg
Nearby Markets
11598
1.4 mi
Pop: 14,316
$181,574
Walk: 14.6
11422
1.7 mi
Pop: 33,085
$108,519
Walk: 13.2
11557
1.8 mi
Pop: 8,503
$170,048
Walk: 13.0
11580
1.9 mi
Pop: 42,644
$135,385
Walk: 15.0
11516
1.9 mi
Pop: 8,733
$102,083
Walk: 17.8
11413
2.9 mi
Pop: 45,072
$114,766
Walk: 13.9
11563
2.9 mi
Pop: 22,558
$138,006
Walk: 15.7
11411
3.3 mi
Pop: 20,501
$118,393
Walk: 13.7
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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