Franchise Businesses Market: ZIP 13340
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 13340 is an urban area. with a population of 7,322 and household incomes near the national median ($69,928).
Area Profile
7,322
Population
$69,928
Median Income
-6% vs. national
Urban
Area Type
Median Age: 43.8 —
older demographic, may prefer sit-down options.
College-Educated: 16.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$872
Median Gross Rent
$140 K
Median Home Value
1
Bank Branches
$51 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
- Bank Branches
- 1
vs. National Average
Median Income
-6% vs. $74,580
Nearby Markets
13502
5.8 mi
Pop: 33,241
$59,530
Walk: 11.0
13501
6.8 mi
Pop: 40,235
$49,771
Walk: 12.3
13357
7.1 mi
Pop: 10,073
$62,500
Walk: 7.3
13322
7.6 mi
Pop: 1,059
$92,250
13319
9.8 mi
Pop: 434
$72,726
13350
9.8 mi
Pop: 9,641
$62,548
Walk: 8.8
13456
9.9 mi
Pop: 4,103
$90,893
Walk: 8.6
13413
10.2 mi
Pop: 16,940
$91,899
Walk: 15.2
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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