Franchise Businesses Market: ZIP 31024
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 31024 is an rural area with low foot traffic. with a population of 21,638 and household incomes near the national median ($62,826).
Area Profile
21,638
Population
$62,826
Median Income
-16% vs. national
Rural
Area Type
4.5/20
Foot Traffic
Very Car-Dependent
Median Age: 46.6 —
older demographic, may prefer sit-down options.
College-Educated: 20.0% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 31024.
3
Small Business Lenders
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$1,065
Median Gross Rent
$210 K
Median Home Value
4
Bank Branches
$420 K deposits
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 4
vs. National Average
Median Income
-16% vs. $74,580
Walkability
-6.0 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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