Franchise Costs Near Spencer, VA (24165)
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24165 is an suburban area. with a population of 1,633 and household incomes near the national median ($62,206).
Area Profile
1,633
Population
$62,206
Median Income
-17% vs. national
Suburban
Area Type
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 5.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,091
Median Gross Rent
$150 K
Median Home Value
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-17% 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