FranchiseBudget
Showing results for ZIP 23847 (VA)
Home ZIP 21623

Franchise Businesses Market: ZIP 21623

Opportunity Score
51 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 21623 is an rural area with low foot traffic. with a population of 2,482 and household incomes above the national median ($77,014).

Area Profile

2,482
Population
$77,014
Median Income
+3% vs. national
Rural
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 35.9 — mixed-age market, broad menu appeal.
College-Educated: 14.7% — value-focused market, keep prices competitive.

Operating Costs

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

$1,750
2BR Fair Market Rent
$1,108
Median Gross Rent
$380 K
Median Home Value
1
Bank Branches
$42 K deposits

Quick Facts

Area Type
Rural
Foot Traffic
Car-Dependent
Bank Branches
1

vs. National Average

Median Income
+3% vs. $74,580
Walkability
-3.7 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