Franchise Costs Near Portsmouth, VA (23707)
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23707 is an urban area. with a population of 14,311 and household incomes near the national median ($51,070).
Area Profile
14,311
Population
$51,070
Median Income
-32% vs. national
Urban
Area Type
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 17.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,076
Median Gross Rent
$220 K
Median Home Value
3
Bank Branches
$230 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 3
vs. National Average
Median Income
-32% 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