Franchise Businesses Market: ZIP 11715
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11715 is an urban area. with a population of 3,796 and household incomes well above the national median ($157,905).
Area Profile
3,796
Population
$157,905
Median Income
+112% vs. national
Urban
Area Type
Median Age: 44.7 —
older demographic, may prefer sit-down options.
College-Educated: 42.4% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,540
2BR Fair Market Rent
$2,200
Median Gross Rent
$590 K
Median Home Value
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 $157,905. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+112% vs. $74,580
Nearby Markets
11705
1.5 mi
Pop: 8,256
$161,214
11782
3.3 mi
Pop: 14,537
$144,786
Walk: 8.6
11772
3.4 mi
Pop: 45,006
$105,246
Walk: 7.8
11741
3.9 mi
Pop: 26,356
$138,417
Walk: 7.9
11742
4.1 mi
Pop: 13,194
$126,563
Walk: 8.2
11796
4.7 mi
Pop: 3,715
$162,443
Walk: 9.0
11738
6.0 mi
Pop: 20,246
$139,008
11769
6.3 mi
Pop: 9,031
$128,419
Walk: 7.2
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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