Franchise Businesses Market: ZIP 40218
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40218 is an urban area with moderate foot traffic. with a population of 33,292 and household incomes near the national median ($56,191).
Area Profile
33,292
Population
$56,191
Median Income
-25% vs. national
Urban
Area Type
12.3/20
Foot Traffic
Walkable
Median Age: 33.5 —
mixed-age market, broad menu appeal.
College-Educated: 18.8% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 40218.
5
Business Consultants
1.5 per 10K residents
3
Small Business Lenders
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,320
2BR Fair Market Rent
$1,059
Median Gross Rent
$200 K
Median Home Value
6
Bank Branches
$410 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 8
- Bank Branches
- 6
vs. National Average
Median Income
-25% vs. $74,580
Walkability
+1.8 pts vs. national avg
Nearby Markets
40231
2.6 mi
Pop: 0
Walk: 10.8
40205
2.9 mi
Pop: 24,335
$98,990
Walk: 14.8
40220
3.2 mi
Pop: 33,893
$73,502
Walk: 11.9
40228
3.7 mi
Pop: 18,491
$75,762
Walk: 11.4
40213
4.2 mi
Pop: 15,805
$60,734
Walk: 14.0
40219
4.3 mi
Pop: 39,107
$52,271
Walk: 12.2
40280
4.5 mi
Pop: 193
Walk: 13.2
40041
4.6 mi
Pop: 518
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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