Home › ZIP 16029

Franchise Businesses Market: ZIP 16029

Opportunity Score

28 / 100 Challenging

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 16029 is an suburban area with low foot traffic. with a population of 902 and household incomes near the national median ($58,306).

902

Population

$58,306

Median Income

-22% vs. national

Suburban

Area Type

5.6/20

Foot Traffic

Very Car-Dependent

Median Age: 39.0 — mixed-age market, broad menu appeal.

College-Educated: 9.4% — value-focused market, keep prices competitive.

Local cost levels affect space, labor, and operating expenses.

$1,100

2BR Fair Market Rent

$900

Median Gross Rent

$130 K

Median Home Value

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.