Franchise Businesses Market: ZIP 20841
Opportunity Score
85
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20841 is an urban area with moderate foot traffic. with a population of 9,706 and household incomes well above the national median ($184,276).
Area Profile
9,706
Population
$184,276
Median Income
+147% vs. national
Urban
Area Type
11.5/20
Foot Traffic
Walkable
Median Age: 48.0 —
older demographic, may prefer sit-down options.
College-Educated: 44.6% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 20841.
5
Business Consultants
5.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,250
2BR Fair Market Rent
$2,794
Median Gross Rent
$770 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 $184,276. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
vs. National Average
Median Income
+147% vs. $74,580
Walkability
+1.0 pts vs. national avg
Nearby Markets
20874
3.7 mi
Pop: 62,233
$109,648
Walk: 13.1
20838
4.4 mi
Pop: 409
$223,571
20871
6.0 mi
Pop: 28,329
$177,120
Walk: 6.1
20876
6.4 mi
Pop: 26,511
$113,329
Walk: 13.5
20842
6.5 mi
Pop: 2,093
$166,389
Walk: 8.6
20878
6.9 mi
Pop: 65,236
$142,062
Walk: 10.8
20837
7.4 mi
Pop: 6,605
$191,927
20839
7.5 mi
Pop: 116
$101,250
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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