Franchise Costs Near Erie, PA (16501)
Opportunity Score
24
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16501 is an urban area. with a population of 1,919 and household incomes below the national median ($14,579).
Area Profile
1,919
Population
$14,579
Median Income
-80% vs. national
Urban
Area Type
Median Age: 55.4 —
older demographic, may prefer sit-down options.
College-Educated: 18.4% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 16501.
4
Business Consultants
20.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$411
Median Gross Rent
7
Bank Branches
$2.2 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 7
vs. National Average
Median Income
-80% 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