Franchise Businesses Market: ZIP 12308
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 12308 is an urban area with moderate foot traffic. with a population of 13,985 and household incomes near the national median ($59,789).
Area Profile
13,985
Population
$59,789
Median Income
-20% vs. national
Urban
Area Type
13.6/20
Foot Traffic
Walkable
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 19.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,360
2BR Fair Market Rent
$1,159
Median Gross Rent
$180 K
Median Home Value
1
Bank Branches
$70 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-20% vs. $74,580
Walkability
+3.1 pts vs. national avg
Nearby Markets
12307
1.4 mi
Pop: 7,977
$33,191
Walk: 13.8
12305
2.1 mi
Pop: 7,764
$50,308
Walk: 15.0
12008
2.4 mi
Pop: 610
$140,594
12304
3.6 mi
Pop: 22,027
$67,688
Walk: 11.4
12309
4.1 mi
Pop: 32,996
$119,830
Walk: 11.2
12303
5.0 mi
Pop: 29,989
$77,615
Walk: 11.4
12148
5.0 mi
Pop: 4,121
$135,694
Walk: 5.7
12302
5.8 mi
Pop: 27,470
$94,156
Walk: 8.6
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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