FranchiseBudget
Showing results for ZIP 24517 (VA)
Home ZIP 16803

Franchise Businesses Market: ZIP 16803

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 16803 is an urban area with moderate foot traffic. with a population of 23,660 and household incomes near the national median ($71,993).

Area Profile

23,660
Population
$71,993
Median Income
-3% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 31.1 — mixed-age market, broad menu appeal.
College-Educated: 46.5% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 16803.

7
Business Consultants
3.0 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,600
2BR Fair Market Rent
$1,363
Median Gross Rent
$400 K
Median Home Value
13
Bank Branches
$1.4 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Related Businesses
7
Bank Branches
13

vs. National Average

Median Income
-3% vs. $74,580
Walkability
+2.9 pts vs. national avg

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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