Franchise Businesses Market: ZIP 40202
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40202 is an urban area. with a population of 7,109 and household incomes below the national median ($29,382).
Area Profile
7,109
Population
$29,382
Median Income
-61% vs. national
Urban
Area Type
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 23.4% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 40202.
11
Business Consultants
15.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,400
2BR Fair Market Rent
$881
Median Gross Rent
$340 K
Median Home Value
10
Bank Branches
$10 M deposits
Tips for Starting a Franchise Business in Kentucky
- 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 $29,382. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 11
- Bank Branches
- 10
vs. National Average
Median Income
-61% vs. $74,580
Nearby Markets
40203
0.9 mi
Pop: 17,540
$31,430
Walk: 16.4
40204
2.2 mi
Pop: 14,018
$70,706
Walk: 17.4
40208
2.6 mi
Pop: 15,287
$37,714
Walk: 14.1
40217
2.7 mi
Pop: 11,831
$68,573
Walk: 14.8
40210
2.8 mi
Pop: 14,226
$35,841
Walk: 13.9
40206
3.5 mi
Pop: 20,345
$72,543
Walk: 14.7
40212
3.6 mi
Pop: 15,160
$35,389
Walk: 13.2
47129
4.3 mi
Pop: 19,611
$55,447
Walk: 13.4
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