Franchise Costs Near Henrico, VA (23229)
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23229 is an urban area. with a population of 35,883 and household incomes well above the national median ($102,415).
Area Profile
35,883
Population
$102,415
Median Income
+37% vs. national
Urban
Area Type
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 39.4% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 23229.
12
Business Consultants
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,385
Median Gross Rent
$470 K
Median Home Value
5
Bank Branches
$760 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 12
- Bank Branches
- 5
vs. National Average
Median Income
+37% 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