Franchise Businesses Market: ZIP 21140
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21140 is an urban area with low foot traffic. with a population of 4,231 and household incomes well above the national median ($152,188).
Area Profile
4,231
Population
$152,188
Median Income
+104% vs. national
Urban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 44.2 —
older demographic, may prefer sit-down options.
College-Educated: 36.6% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 21140.
3
Business Consultants
7.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,620
2BR Fair Market Rent
$2,071
Median Gross Rent
$600 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 $152,188. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+104% vs. $74,580
Walkability
-2.3 pts vs. national avg
Nearby Markets
21035
2.9 mi
Pop: 7,787
$176,597
21401
3.5 mi
Pop: 39,118
$119,296
Walk: 11.1
21037
3.7 mi
Pop: 20,851
$135,541
Walk: 6.2
20776
5.0 mi
Pop: 3,354
$122,440
21032
5.5 mi
Pop: 8,553
$175,234
21405
6.0 mi
Pop: 426
$182,614
Walk: 6.4
21403
6.7 mi
Pop: 32,757
$115,068
Walk: 12.0
20765
7.7 mi
Pop: 631
$131,023
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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