Franchise Businesses Market: ZIP 23111
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23111 is an urban area with low foot traffic. with a population of 37,699 and household incomes above the national median ($96,736).
Area Profile
37,699
Population
$96,736
Median Income
+30% vs. national
Urban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 23.9% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 23111.
7
Business Consultants
1.9 per 10K residents
4
Small Business Lenders
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,850
2BR Fair Market Rent
$1,558
Median Gross Rent
$320 K
Median Home Value
11
Bank Branches
$1.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 11
- Bank Branches
- 11
vs. National Average
Median Income
+30% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
23075
6.4 mi
Pop: 8,235
$50,947
23116
6.7 mi
Pop: 34,058
$139,029
Walk: 6.9
23106
7.5 mi
Pop: 877
$56,509
Walk: 4.8
23150
7.8 mi
Pop: 12,152
$76,184
Walk: 7.5
23141
8.0 mi
Pop: 7,795
$117,076
Walk: 5.1
23250
9.2 mi
Pop: 0
Walk: 8.8
23223
10.1 mi
Pop: 56,569
$56,518
Walk: 13.0
23222
12.3 mi
Pop: 26,809
$58,105
Walk: 13.8
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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