Franchise Costs Near Philadelphia, PA (19116)
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 19116 is an urban area. with a population of 33,421 and household incomes near the national median ($67,558).
Area Profile
33,421
Population
$67,558
Median Income
-9% vs. national
Urban
Area Type
Median Age: 46.1 —
older demographic, may prefer sit-down options.
College-Educated: 27.3% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 19116.
4
Business Consultants
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,214
Median Gross Rent
$320 K
Median Home Value
4
Bank Branches
$700 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
-9% 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