Franchise Businesses Market: ZIP 20874
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20874 is an urban area with moderate foot traffic. with a population of 62,233 and household incomes well above the national median ($109,648).
Area Profile
62,233
Population
$109,648
Median Income
+47% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 33.2% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 20874.
22
Business Consultants
3.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,240
2BR Fair Market Rent
$1,938
Median Gross Rent
$390 K
Median Home Value
9
Bank Branches
$1.4 M 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 $109,648. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 22
- Bank Branches
- 9
vs. National Average
Median Income
+47% vs. $74,580
Walkability
+2.6 pts vs. national avg
Nearby Markets
20841
3.7 mi
Pop: 9,706
$184,276
Walk: 11.5
20878
3.8 mi
Pop: 65,236
$142,062
Walk: 10.8
20899
6.0 mi
Pop: 106
$23,917
Walk: 14.3
20876
6.9 mi
Pop: 26,511
$113,329
Walk: 13.5
20837
7.4 mi
Pop: 6,605
$191,927
20877
7.6 mi
Pop: 39,068
$86,103
Walk: 14.8
20886
7.7 mi
Pop: 34,419
$98,767
Walk: 12.9
20838
7.9 mi
Pop: 409
$223,571
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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