Franchise Costs Near Oil City, PA (16301)
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16301 is an suburban area. with a population of 15,067 and household incomes near the national median ($57,368).
Area Profile
15,067
Population
$57,368
Median Income
-23% vs. national
Suburban
Area Type
Median Age: 44.9 —
older demographic, may prefer sit-down options.
College-Educated: 12.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$809
Median Gross Rent
$85 K
Median Home Value
3
Bank Branches
$260 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Bank Branches
- 3
vs. National Average
Median Income
-23% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits