Franchise Businesses Market: ZIP 40348
Opportunity Score
14
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40348 is an suburban area. with a population of 522 and household incomes below the national median ($43,571).
Area Profile
522
Population
$43,571
Median Income
-42% vs. national
Suburban
Area Type
Median Age: 54.8 —
older demographic, may prefer sit-down options.
College-Educated: 14.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,060
2BR Fair Market Rent
$653
Median Gross Rent
$130 K
Median Home Value
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 $43,571. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-42% vs. $74,580
Nearby Markets
40361
8.2 mi
Pop: 18,422
$57,074
Walk: 2.9
40311
10.5 mi
Pop: 7,676
$55,741
40357
11.2 mi
Pop: 94
$11,786
41031
12.9 mi
Pop: 16,748
$62,052
Walk: 5.7
41064
15.6 mi
Pop: 2,122
$49,500
Walk: 3.9
40374
17.9 mi
Pop: 2,667
$40,509
Walk: 4.0
40350
18.8 mi
Pop: 28
41039
20.5 mi
Pop: 3,122
$59,053
Walk: 2.5
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