FranchiseBudget
Showing results for ZIP 64455 (MO)
Home ZIP 38764

Franchise Businesses Market: ZIP 38764

Opportunity Score
2 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38764 is an rural area. with a population of 185 and household incomes below the national median ($30,000).

Area Profile

185
Population
$30,000
Median Income
-60% vs. national
Rural
Area Type
Median Age: 61.5 — older demographic, may prefer sit-down options.
College-Educated: 21.1% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$940
2BR Fair Market Rent
$389
Median Gross Rent
$86 K
Median Home Value

Tips for Starting a Franchise Business in Mississippi

  • 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 $30,000. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits