Franchise Businesses Market: ZIP 11731
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11731 is an urban area with low foot traffic. with a population of 29,891 and household incomes well above the national median ($158,819).
Area Profile
29,891
Population
$158,819
Median Income
+113% vs. national
Urban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 46.5 —
older demographic, may prefer sit-down options.
College-Educated: 36.5% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 11731.
16
Business Consultants
5.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,680
2BR Fair Market Rent
$2,261
Median Gross Rent
$620 K
Median Home Value
7
Bank Branches
$1.2 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 $158,819. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 16
- Bank Branches
- 7
vs. National Average
Median Income
+113% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
11725
2.9 mi
Pop: 29,050
$168,324
Walk: 8.0
11740
3.1 mi
Pop: 10,699
$161,705
Walk: 11.5
11768
4.5 mi
Pop: 21,908
$163,435
Walk: 7.4
11746
4.6 mi
Pop: 66,883
$158,309
Walk: 9.0
11721
4.7 mi
Pop: 6,620
$206,250
11754
4.9 mi
Pop: 17,660
$123,406
Walk: 8.5
11717
7.0 mi
Walk: 8.3
11729
7.0 mi
Pop: 26,647
$138,350
Walk: 9.1
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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