Franchise Businesses Market: ZIP 20833
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20833 is an urban area with moderate foot traffic. with a population of 7,868 and household incomes well above the national median ($203,631).
Area Profile
7,868
Population
$203,631
Median Income
+173% vs. national
Urban
Area Type
10.4/20
Foot Traffic
Walkable
Median Age: 47.5 —
older demographic, may prefer sit-down options.
College-Educated: 44.0% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 20833.
6
Business Consultants
7.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,700
2BR Fair Market Rent
$2,254
Median Gross Rent
$760 K
Median Home Value
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 $203,631. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 6
vs. National Average
Median Income
+173% vs. $74,580
Walkability
-0.1 pts vs. national avg
Nearby Markets
21737
3.5 mi
Pop: 2,384
$250,001
Walk: 6.8
20862
3.7 mi
Pop: 393
$242,721
Walk: 7.2
21036
4.1 mi
Pop: 2,162
$170,313
Walk: 7.2
20832
4.3 mi
Pop: 25,766
$166,892
Walk: 13.6
20860
4.5 mi
Pop: 2,062
Walk: 14.9
21738
5.4 mi
Pop: 3,668
$230,429
20861
6.1 mi
Pop: 3,020
$176,094
20777
6.8 mi
Pop: 3,046
$218,808
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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