Franchise Costs Near Hopewell, VA (23860)
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23860 is an urban area. with a population of 31,432 and household incomes near the national median ($55,104).
Area Profile
31,432
Population
$55,104
Median Income
-26% vs. national
Urban
Area Type
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 9.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,103
Median Gross Rent
$190 K
Median Home Value
3
Bank Branches
$370 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
-26% 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