Franchise Costs Near Randolph, VA (23962)
Opportunity Score
20
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23962 is an rural area. with a population of 498 and household incomes near the national median ($53,800).
Area Profile
498
Population
$53,800
Median Income
-28% vs. national
Rural
Area Type
Median Age: 51.6 —
older demographic, may prefer sit-down options.
College-Educated: 9.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$869
Median Gross Rent
$86 K
Median Home Value
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-28% 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