Franchise Costs Near Norfolk, VA (23517)
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23517 is an urban area. with a population of 4,550 and household incomes near the national median ($63,556).
Area Profile
4,550
Population
$63,556
Median Income
-15% vs. national
Urban
Area Type
Median Age: 33.4 —
mixed-age market, broad menu appeal.
College-Educated: 44.7% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 23517.
3
Business Consultants
6.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,397
Median Gross Rent
$360 K
Median Home Value
6
Bank Branches
$640 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 6
vs. National Average
Median Income
-15% 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