Franchise Costs Near Altoona, PA (16602)
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16602 is an urban area. with a population of 27,014 and household incomes near the national median ($53,097).
Area Profile
27,014
Population
$53,097
Median Income
-29% vs. national
Urban
Area Type
Median Age: 41.9 —
older demographic, may prefer sit-down options.
College-Educated: 14.9% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 16602.
3
Small Business Lenders
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$842
Median Gross Rent
$120 K
Median Home Value
14
Bank Branches
$1.4 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 14
vs. National Average
Median Income
-29% 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