Franchise Businesses Market: ZIP 20817
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20817 is an urban area with moderate foot traffic. with a population of 37,738 and household incomes well above the national median ($240,104).
Area Profile
37,738
Population
$240,104
Median Income
+222% vs. national
Urban
Area Type
12.6/20
Foot Traffic
Walkable
Median Age: 45.5 —
older demographic, may prefer sit-down options.
College-Educated: 58.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 20817.
67
Business Consultants
17.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,470
2BR Fair Market Rent
$3,155
Median Gross Rent
$1.1 M
Median Home Value
2
Bank Branches
$230 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 $240,104. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 67
- Bank Branches
- 2
vs. National Average
Median Income
+222% vs. $74,580
Walkability
+2.1 pts vs. national avg
Nearby Markets
20818
1.8 mi
Pop: 1,602
$221,392
Walk: 12.5
20812
2.2 mi
Pop: 314
$195,000
20892
3.3 mi
Pop: 0
20894
3.4 mi
Pop: 0
Walk: 13.3
20814
3.4 mi
Pop: 30,822
$150,401
Walk: 15.4
20816
3.5 mi
Pop: 18,081
$231,284
Walk: 14.3
22101
4.0 mi
Pop: 31,306
$250,001
Walk: 11.3
20852
4.2 mi
Pop: 47,857
$121,496
Walk: 13.5
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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