Franchise Businesses Market: ZIP 23039
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23039 is an urban area. with a population of 1,101 and household incomes well above the national median ($144,432).
Area Profile
1,101
Population
$144,432
Median Income
+94% vs. national
Urban
Area Type
Median Age: 53.5 —
older demographic, may prefer sit-down options.
College-Educated: 39.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$420 K
Median Home Value
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 $144,432. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+94% vs. $74,580
Nearby Markets
23160
3.2 mi
Pop: 1,325
Walk: 3.2
23129
3.9 mi
Pop: 394
$138,365
23102
4.2 mi
Pop: 3,323
$114,444
Walk: 3.3
23103
5.4 mi
Pop: 6,657
$134,563
23146
8.0 mi
Pop: 3,300
$110,893
Walk: 5.1
23113
11.5 mi
Pop: 26,558
$150,673
Walk: 7.4
23238
11.8 mi
Pop: 25,893
$97,286
Walk: 8.8
23233
11.9 mi
Pop: 31,775
$117,500
Walk: 7.2
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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