Franchise Costs Near Martinsville, VA (24112)
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24112 is an suburban area. with a population of 30,862 and household incomes below the national median ($47,059).
Area Profile
30,862
Population
$47,059
Median Income
-37% vs. national
Suburban
Area Type
Median Age: 45.1 —
older demographic, may prefer sit-down options.
College-Educated: 13.4% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 24112.
11
Business Consultants
3.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$770
Median Gross Rent
$120 K
Median Home Value
10
Bank Branches
$840 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Related Businesses
- 11
- Bank Branches
- 10
vs. National Average
Median Income
-37% 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