Franchise Businesses Market: ZIP 28173
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28173 is an urban area with low foot traffic. with a population of 63,503 and household incomes well above the national median ($146,196).
Area Profile
63,503
Population
$146,196
Median Income
+96% vs. national
Urban
Area Type
5.3/20
Foot Traffic
Very Car-Dependent
Median Age: 41.3 —
older demographic, may prefer sit-down options.
College-Educated: 36.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 28173.
61
Business Consultants
9.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,140
2BR Fair Market Rent
$1,700
Median Gross Rent
$560 K
Median Home Value
2
Bank Branches
$270 K deposits
Tips for Starting a Franchise Business in North Carolina
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- The median income here is $146,196. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 61
- Bank Branches
- 2
vs. National Average
Median Income
+96% vs. $74,580
Walkability
-5.2 pts vs. national avg
Nearby Markets
28108
3.7 mi
Pop: 31
28104
9.8 mi
Pop: 36,232
$129,775
Walk: 7.2
29707
10.0 mi
Pop: 35,224
$117,609
28277
10.8 mi
Pop: 72,375
$122,223
Walk: 9.6
29720
12.0 mi
Pop: 51,603
$59,039
Walk: 5.9
28112
12.7 mi
Pop: 27,651
$74,853
Walk: 7.9
28270
13.5 mi
Pop: 32,913
$128,660
Walk: 9.0
29704
13.7 mi
Pop: 3,286
$71,164
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits