Franchise Costs Near Henrico, VA (23238)
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23238 is an urban area. with a population of 25,893 and household incomes above the national median ($97,286).
Area Profile
25,893
Population
$97,286
Median Income
+30% vs. national
Urban
Area Type
Median Age: 43.3 —
older demographic, may prefer sit-down options.
College-Educated: 40.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 23238.
15
Business Consultants
5.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,679
Median Gross Rent
$390 K
Median Home Value
6
Bank Branches
$460 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 15
- Bank Branches
- 6
vs. National Average
Median Income
+30% 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