Franchise Costs Near Erie, PA (16509)
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16509 is an urban area. with a population of 28,133 and household incomes near the national median ($68,880).
Area Profile
28,133
Population
$68,880
Median Income
-8% vs. national
Urban
Area Type
Median Age: 42.7 —
older demographic, may prefer sit-down options.
College-Educated: 27.3% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 16509.
4
Business Consultants
1.4 per 10K residents
3
Small Business Lenders
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,074
Median Gross Rent
$210 K
Median Home Value
8
Bank Branches
$1.1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 7
- Bank Branches
- 8
vs. National Average
Median Income
-8% vs. $74,580
Nearby Markets
Check Another Market
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Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits