Franchise Costs Near Washington, DC (20016)
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20016 is an urban area. with a population of 31,668 and household incomes well above the national median ($179,107).
Area Profile
31,668
Population
$179,107
Median Income
+140% vs. national
Urban
Area Type
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 57.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 20016.
32
Business Consultants
10.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,105
Median Gross Rent
$1.2 M
Median Home Value
15
Bank Branches
$1.7 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 32
- Bank Branches
- 15
vs. National Average
Median Income
+140% 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