FranchiseBudget
Showing results for ZIP 62846 (IL)
Home ZIP 21076

Franchise Businesses Market: ZIP 21076

Opportunity Score
81 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 21076 is an urban area with low foot traffic. with a population of 23,642 and household incomes well above the national median ($143,409).

Area Profile

23,642
Population
$143,409
Median Income
+92% vs. national
Urban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 37.1 — mixed-age market, broad menu appeal.
College-Educated: 39.4% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 21076.

19
Business Consultants
8.0 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,860
2BR Fair Market Rent
$2,337
Median Gross Rent
$490 K
Median Home Value
6
Bank Branches
$710 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 $143,409. 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
19
Bank Branches
6

vs. National Average

Median Income
+92% vs. $74,580
Walkability
-1.4 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits