Franchise Costs Near Smithfield, VA (23430)
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23430 is an urban area. with a population of 19,057 and household incomes well above the national median ($103,580).
Area Profile
19,057
Population
$103,580
Median Income
+39% vs. national
Urban
Area Type
Median Age: 48.6 —
older demographic, may prefer sit-down options.
College-Educated: 23.7% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 23430.
4
Business Consultants
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,162
Median Gross Rent
$350 K
Median Home Value
4
Bank Branches
$280 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
+39% 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