Franchise Businesses Market: ZIP 22602
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22602 is an urban area. with a population of 32,176 and household incomes above the national median ($99,534).
Area Profile
32,176
Population
$99,534
Median Income
+33% vs. national
Urban
Area Type
Median Age: 37.7 —
mixed-age market, broad menu appeal.
College-Educated: 20.8% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 22602.
9
Business Consultants
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,660
2BR Fair Market Rent
$1,367
Median Gross Rent
$350 K
Median Home Value
3
Bank Branches
$150 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 9
- Bank Branches
- 3
vs. National Average
Median Income
+33% vs. $74,580
Nearby Markets
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