Franchise Businesses Market: ZIP 20117
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20117 is an urban area. with a population of 3,248 and household incomes well above the national median ($148,063).
Area Profile
3,248
Population
$148,063
Median Income
+99% vs. national
Urban
Area Type
Median Age: 52.3 —
older demographic, may prefer sit-down options.
College-Educated: 41.9% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 20117.
6
Business Consultants
18.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,762
Median Gross Rent
$950 K
Median Home Value
4
Bank Branches
$330 K deposits
Tips for Starting a Franchise Business in District of Columbia
- 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.
- The median income here is $148,063. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 6
- Bank Branches
- 4
vs. National Average
Median Income
+99% vs. $74,580
Nearby Markets
20198
7.9 mi
Pop: 2,178
$81,950
20141
9.3 mi
Pop: 8,323
$181,912
Walk: 6.3
20105
9.5 mi
Pop: 35,539
$202,775
20184
10.0 mi
Pop: 504
$50,833
Walk: 5.6
20175
10.1 mi
Pop: 35,038
$168,035
Walk: 7.2
20169
10.8 mi
Pop: 28,696
$198,317
Walk: 7.1
20158
11.0 mi
Pop: 5,137
$206,375
Walk: 9.7
20132
11.5 mi
Pop: 19,241
$180,663
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits