Franchise Costs Near Chesapeake, VA (23320)
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23320 is an urban area. with a population of 59,626 and household incomes above the national median ($81,736).
Area Profile
59,626
Population
$81,736
Median Income
+10% vs. national
Urban
Area Type
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 28.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 23320.
18
Business Consultants
3.0 per 10K residents
5
Small Business Lenders
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,654
Median Gross Rent
$320 K
Median Home Value
12
Bank Branches
$2.1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 23
- Bank Branches
- 12
vs. National Average
Median Income
+10% 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