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Franchise Costs Near Norfolk, VA (23504)

Opportunity Score
58 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 23504 is an urban area. with a population of 24,052 and household incomes below the national median ($43,156).

Area Profile

24,052
Population
$43,156
Median Income
-42% vs. national
Urban
Area Type
Median Age: 28.7 — young market, strong street food demand.
College-Educated: 13.5% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$872
Median Gross Rent
$260 K
Median Home Value

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Quick Facts

Area Type
Urban

vs. National Average

Median Income
-42% vs. $74,580

Nearby Markets

23509 1.7 mi
Pop: 12,912 $70,715
23523 1.8 mi
Pop: 7,698 $37,189
23510 1.8 mi
Pop: 9,240 $75,621
23517 2.0 mi
Pop: 4,550 $63,556
23507 2.6 mi
Pop: 6,515 $107,650
23708 2.7 mi
Pop: 316
23513 2.9 mi
Pop: 29,962 $66,875
23325 3.5 mi
Pop: 19,236 $73,666

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About This Data

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits