Franchise Costs Near Erie, PA (16503)
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16503 is an urban area. with a population of 15,204 and household incomes below the national median ($29,108).
Area Profile
15,204
Population
$29,108
Median Income
-61% vs. national
Urban
Area Type
Median Age: 32.2 —
mixed-age market, broad menu appeal.
College-Educated: 7.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$837
Median Gross Rent
$55 K
Median Home Value
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-61% 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