Franchise Businesses Market: ZIP 38016
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38016 is an urban area with low foot traffic. with a population of 44,390 and household incomes above the national median ($75,719).
Area Profile
44,390
Population
$75,719
Median Income
+2% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 37.5 —
mixed-age market, broad menu appeal.
College-Educated: 28.4% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 38016.
6
Business Consultants
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
2BR Fair Market Rent
$1,407
Median Gross Rent
$260 K
Median Home Value
4
Bank Branches
$400 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 4
vs. National Average
Median Income
+2% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
38018
3.0 mi
Pop: 38,357
$89,627
Walk: 9.9
38133
3.3 mi
Pop: 21,153
$82,485
Walk: 10.4
38029
6.1 mi
Pop: 34
38139
6.8 mi
Pop: 16,298
$174,052
Walk: 6.6
38134
7.0 mi
Pop: 42,500
$61,172
Walk: 10.5
38138
7.2 mi
Pop: 25,368
$130,125
Walk: 10.2
38135
7.3 mi
Pop: 30,490
$92,458
Walk: 7.9
38120
7.5 mi
Pop: 13,249
$119,309
Walk: 13.6
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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