Franchise Businesses Market: ZIP 16037
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16037 is an urban area. with a population of 4,840 and household incomes above the national median ($90,078).
Area Profile
4,840
Population
$90,078
Median Income
+21% vs. national
Urban
Area Type
Median Age: 49.4 —
older demographic, may prefer sit-down options.
College-Educated: 24.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,480
2BR Fair Market Rent
$879
Median Gross Rent
$330 K
Median Home Value
1
Bank Branches
$79 K deposits
Tips for Starting a Franchise Business in Pennsylvania
- 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
+21% vs. $74,580
Nearby Markets
16123
4.6 mi
Pop: 2,601
$104,750
Walk: 5.5
16063
6.0 mi
Pop: 8,188
$86,533
Walk: 9.3
16052
6.3 mi
Pop: 2,246
$79,438
Walk: 6.2
16033
6.7 mi
Pop: 7,934
$100,606
16051
6.9 mi
Pop: 3,118
$80,642
16027
8.3 mi
Pop: 441
$70,000
16117
8.7 mi
Pop: 16,013
$69,982
Walk: 7.4
15074
9.1 mi
Pop: 8,543
$52,253
Walk: 10.8
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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