FranchiseBudget
Showing results for ZIP 62628 (IL)
Home ZIP 42647

Franchise Businesses Market: ZIP 42647

Opportunity Score
35 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 42647 is an rural area with low foot traffic. with a population of 3,743 and household incomes below the national median ($35,179).

Area Profile

3,743
Population
$35,179
Median Income
-53% vs. national
Rural
Area Type
1.7/20
Foot Traffic
Very Car-Dependent
Median Age: 38.3 — mixed-age market, broad menu appeal.
College-Educated: 10.2% — value-focused market, keep prices competitive.

Operating Costs

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

$1,020
2BR Fair Market Rent
$598
Median Gross Rent
$66 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 $35,179. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Rural
Foot Traffic
Very Car-Dependent

vs. National Average

Median Income
-53% vs. $74,580
Walkability
-8.8 pts vs. national avg

Check Another Market

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Data sources

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