Franchise Businesses Market: ZIP 14624
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14624 is an urban area with low foot traffic. with a population of 38,834 and household incomes above the national median ($86,046).
Area Profile
38,834
Population
$86,046
Median Income
+15% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 23.8% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 14624.
9
Business Consultants
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,249
Median Gross Rent
$170 K
Median Home Value
13
Bank Branches
$1 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 13
vs. National Average
Median Income
+15% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
14606
3.7 mi
Pop: 27,478
$57,287
Walk: 12.7
14619
5.7 mi
Pop: 14,223
$66,345
Walk: 12.8
14626
6.0 mi
Pop: 29,210
$78,785
Walk: 10.8
14611
6.0 mi
Pop: 17,595
$29,870
Walk: 14.4
14514
6.5 mi
Pop: 5,979
$80,453
14586
6.6 mi
Pop: 13,056
$122,833
Walk: 6.9
14623
6.8 mi
Pop: 25,689
$61,088
Walk: 10.0
14627
7.0 mi
Pop: 3,008
Walk: 13.5
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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