Franchise Costs Near Cheltenham, MD (20623)
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20623 is an urban area. with a population of 2,846 and household incomes well above the national median ($132,386).
Area Profile
2,846
Population
$132,386
Median Income
+78% vs. national
Urban
Area Type
Median Age: 51.0 —
older demographic, may prefer sit-down options.
College-Educated: 27.9% —
balanced market for quality & value.
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+78% 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