Franchise Costs Near Richmond, VA (23235)
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23235 is an urban area. with a population of 33,207 and household incomes above the national median ($89,959).
Area Profile
33,207
Population
$89,959
Median Income
+21% vs. national
Urban
Area Type
Median Age: 44.5 —
older demographic, may prefer sit-down options.
College-Educated: 37.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 23235.
11
Business Consultants
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,663
Median Gross Rent
$320 K
Median Home Value
15
Bank Branches
$2 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 11
- Bank Branches
- 15
vs. National Average
Median Income
+21% 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