Franchise Businesses Market: ZIP 22408
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22408 is an urban area with low foot traffic. with a population of 31,050 and household incomes well above the national median ($114,598).
Area Profile
31,050
Population
$114,598
Median Income
+54% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 36.9 —
mixed-age market, broad menu appeal.
College-Educated: 26.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 22408.
10
Business Consultants
3.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,040
2BR Fair Market Rent
$1,771
Median Gross Rent
$350 K
Median Home Value
2
Bank Branches
$310 K 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 $114,598. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 10
- Bank Branches
- 2
vs. National Average
Median Income
+54% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
22401
6.5 mi
Pop: 28,201
$85,432
Walk: 10.1
22580
6.9 mi
Pop: 4,956
$91,328
Walk: 5.4
22405
7.8 mi
Pop: 36,093
$128,315
Walk: 6.0
22407
10.2 mi
Pop: 64,273
$105,218
Walk: 7.1
22538
12.3 mi
Pop: 278
22553
13.6 mi
Pop: 16,960
$131,416
Walk: 5.3
22406
14.5 mi
Pop: 26,248
$124,357
Walk: 7.8
22427
14.8 mi
Pop: 4,301
$76,635
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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