Franchise Businesses Market: ZIP 28624
Opportunity Score
22
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28624 is an suburban area. with a population of 1,368 and household incomes below the national median ($36,345).
Area Profile
1,368
Population
$36,345
Median Income
-51% vs. national
Suburban
Area Type
Median Age: 57.1 —
older demographic, may prefer sit-down options.
College-Educated: 6.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$980
2BR Fair Market Rent
$561
Median Gross Rent
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.
- Median income sits at $36,345. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-51% vs. $74,580
Nearby Markets
28665
6.8 mi
Pop: 2,708
$42,347
Walk: 2.9
28606
8.7 mi
Pop: 1,743
$51,009
28618
9.6 mi
Pop: 2,240
$62,667
28645
13.4 mi
Pop: 46,237
$50,529
Walk: 5.9
28626
13.9 mi
Pop: 3,058
$71,186
28651
14.8 mi
Pop: 4,629
$57,232
28697
17.3 mi
Pop: 13,412
$55,217
Walk: 6.0
28607
17.4 mi
Pop: 35,504
$44,132
Walk: 9.3
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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