Franchise Businesses Market: ZIP 21163
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21163 is an urban area with low foot traffic. with a population of 7,031 and household incomes well above the national median ($131,154).
Area Profile
7,031
Population
$131,154
Median Income
+76% vs. national
Urban
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 46.7 —
older demographic, may prefer sit-down options.
College-Educated: 42.2% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 21163.
6
Business Consultants
8.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,370
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 $131,154. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 6
vs. National Average
Median Income
+76% vs. $74,580
Walkability
-4.2 pts vs. national avg
Nearby Markets
21133
3.8 mi
Pop: 31,847
$84,248
Walk: 10.8
21104
4.5 mi
Pop: 5,786
$199,803
21244
4.9 mi
Pop: 39,545
$84,849
Walk: 11.0
21042
5.3 mi
Pop: 43,021
$190,504
Walk: 8.2
21043
6.5 mi
Pop: 47,134
$141,846
Walk: 9.7
21136
7.0 mi
Pop: 33,778
$106,559
Walk: 9.3
21117
8.0 mi
Pop: 61,337
$100,934
Walk: 9.9
21228
8.2 mi
Pop: 49,417
$107,714
Walk: 12.0
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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