Franchise Costs Near Miami, FL (33131)
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 33131 is an urban area. with a population of 23,289 and household incomes well above the national median ($143,114). There are 3 franchise businesses operations in ZIP 33131.
Area Profile
23,289
Population
$143,114
Median Income
+92% vs. national
Urban
Area Type
Median Age: 36.3 —
mixed-age market, broad menu appeal.
College-Educated: 63.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 33131.
3
Franchise Businesses
Low competition — room to establish
1.3 per 10K residents
190
Business Consultants
81.6 per 10K residents
10
Small Business Lenders
4.3 per 10K residents
What this means:
Franchise Businesses are 1.5% of the relevant market in ZIP 33131 (3 vs. 200 related businesses).
Franchise Businesses are underrepresented — customers have few options, but related business presence proves local demand.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,847
Median Gross Rent
$620 K
Median Home Value
41
Bank Branches
$49 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Franchise Businesses
- 3
- Related Businesses
- 200
- Bank Branches
- 41
vs. National Average
Median Income
+92% 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