Franchise Businesses Market: ZIP 20744
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20744 is an urban area with low foot traffic. with a population of 56,236 and household incomes well above the national median ($124,838).
Area Profile
56,236
Population
$124,838
Median Income
+67% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 26.2% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 20744.
12
Business Consultants
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,100
2BR Fair Market Rent
$1,751
Median Gross Rent
$420 K
Median Home Value
3
Bank Branches
$270 K deposits
Tips for Starting a Franchise Business in Maryland
- 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 $124,838. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 12
- Bank Branches
- 3
vs. National Average
Median Income
+67% vs. $74,580
Walkability
-1.3 pts vs. national avg
Nearby Markets
20745
4.2 mi
Pop: 29,518
$80,649
Walk: 12.1
22308
5.5 mi
Pop: 13,660
$204,177
Walk: 11.4
22307
5.5 mi
Pop: 10,205
$140,559
Walk: 12.9
20735
5.6 mi
Pop: 37,926
$123,125
Walk: 5.5
20607
5.8 mi
Pop: 12,506
$147,647
Walk: 5.8
20748
5.9 mi
Pop: 40,094
$82,160
Walk: 11.2
20032
6.4 mi
Pop: 38,828
$48,146
Walk: 12.9
22314
6.6 mi
Pop: 35,696
$144,359
Walk: 16.3
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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