Franchise Businesses Market: ZIP 22203
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22203 is an urban area with high foot traffic. with a population of 25,921 and household incomes well above the national median ($132,402).
Area Profile
25,921
Population
$132,402
Median Income
+78% vs. national
Urban
Area Type
15.6/20
Foot Traffic
Very Walkable
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 57.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 22203.
50
Business Consultants
19.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,000
2BR Fair Market Rent
$2,318
Median Gross Rent
$810 K
Median Home Value
10
Bank Branches
$1 M deposits
Tips for Starting a Franchise Business in Virginia
- 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 $132,402. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 50
- Bank Branches
- 10
vs. National Average
Median Income
+78% vs. $74,580
Walkability
+5.1 pts vs. national avg
Nearby Markets
22204
1.5 mi
Pop: 51,971
$109,277
Walk: 13.7
22205
1.7 mi
Pop: 17,566
$192,951
Walk: 14.3
22201
1.7 mi
Pop: 38,419
$141,736
Walk: 15.0
22207
2.3 mi
Pop: 35,186
$237,126
Walk: 13.1
22041
2.4 mi
Pop: 29,764
$91,075
Walk: 12.2
22044
2.7 mi
Pop: 14,001
$100,129
Walk: 10.9
22311
2.8 mi
Pop: 19,340
$84,759
Walk: 12.3
22206
2.9 mi
Pop: 20,678
$136,472
Walk: 13.8
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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