Franchise Costs Near Gloucester Point, VA (23062)
Opportunity Score
34
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23062 is an urban area. with a population of 1,862 and household incomes below the national median ($49,637).
Area Profile
1,862
Population
$49,637
Median Income
-33% vs. national
Urban
Area Type
Median Age: 51.8 —
older demographic, may prefer sit-down options.
College-Educated: 22.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
Median Gross Rent
$260 K
Median Home Value
1
Bank Branches
$39 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-33% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits