Franchise Costs Near Lake Wales, FL (33898)
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 33898 is an urban area. with a population of 18,426 and household incomes near the national median ($54,778).
Area Profile
18,426
Population
$54,778
Median Income
-27% vs. national
Urban
Area Type
Median Age: 46.9 —
older demographic, may prefer sit-down options.
College-Educated: 12.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,122
Median Gross Rent
$160 K
Median Home Value
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-27% 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