FranchiseBudget
Home ZIP 16823

Franchise Businesses Market: ZIP 16823

Opportunity Score
65 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 16823 is an urban area with low foot traffic. with a population of 29,168 and household incomes above the national median ($75,717).

Area Profile

29,168
Population
$75,717
Median Income
+2% vs. national
Urban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 44.5 — older demographic, may prefer sit-down options.
College-Educated: 23.0% — value-focused market, keep prices competitive.

Operating Costs

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

$1,210
2BR Fair Market Rent
$1,013
Median Gross Rent
$260 K
Median Home Value
7
Bank Branches
$560 K deposits

Tips for Starting a Franchise Business in Pennsylvania

  • Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
  • Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
  • Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
  • Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Bank Branches
7

vs. National Average

Median Income
+2% vs. $74,580
Walkability
-1.6 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