Franchise Businesses Market: ZIP 29047
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 29047 is an suburban area. with a population of 3,745 and household incomes below the national median ($34,964).
Area Profile
3,745
Population
$34,964
Median Income
-53% vs. national
Suburban
Area Type
Median Age: 54.4 —
older demographic, may prefer sit-down options.
College-Educated: 11.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$769
Median Gross Rent
$150 K
Median Home Value
Tips for Starting a Franchise Business in South 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 $34,964. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-53% vs. $74,580
Nearby Markets
29030
5.6 mi
Pop: 1,764
$66,813
29142
6.1 mi
Pop: 4,658
$50,673
Walk: 4.4
29163
12.2 mi
Pop: 1,546
$40,625
Walk: 5.9
29018
13.3 mi
Pop: 3,374
$39,694
29125
13.4 mi
Pop: 3,081
$57,813
Walk: 3.4
29135
16.6 mi
Pop: 7,940
$54,081
Walk: 3.5
29148
16.9 mi
Pop: 5,753
$46,455
Walk: 4.4
29059
17.9 mi
Pop: 5,234
$37,993
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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