Franchise Businesses Market: ZIP 11951
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11951 is an urban area with low foot traffic. with a population of 15,830 and household incomes well above the national median ($108,877).
Area Profile
15,830
Population
$108,877
Median Income
+46% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 12.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,520
2BR Fair Market Rent
$2,313
Median Gross Rent
$320 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 $108,877. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+46% vs. $74,580
Walkability
-3.3 pts vs. national avg
Nearby Markets
11950
2.9 mi
Pop: 16,944
$105,593
Walk: 6.3
11955
3.4 mi
Pop: 2,626
$77,692
Walk: 6.6
11934
3.8 mi
Pop: 8,222
$154,588
11967
3.8 mi
Pop: 27,266
$106,810
Walk: 6.8
11719
5.0 mi
Pop: 3,300
$96,638
11940
6.3 mi
Pop: 5,508
$121,250
Walk: 7.5
11949
7.3 mi
Pop: 13,159
$135,000
Walk: 6.5
11713
7.4 mi
Pop: 9,236
$111,786
Walk: 9.0
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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