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Franchise Costs Near Springfield, OH (45503)

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 45503 is an urban area. with a population of 32,673 and household incomes near the national median ($54,561).

Area Profile

32,673
Population
$54,561
Median Income
-27% vs. national
Urban
Area Type
Median Age: 40.6 — older demographic, may prefer sit-down options.
College-Educated: 12.2% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 45503.

7
Business Consultants
2.1 per 10K residents

Operating Costs

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

$871
Median Gross Rent
$150 K
Median Home Value
11
Bank Branches
$770 K deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Quick Facts

Area Type
Urban
Related Businesses
7
Bank Branches
11

vs. National Average

Median Income
-27% vs. $74,580

Nearby Markets

45501 3.8 mi
Pop: 0
45505 4.4 mi
Pop: 20,299 $42,409
45372 5.9 mi
Pop: 286 $55,250
45506 6.2 mi
Pop: 13,339 $40,132
45504 6.8 mi
Pop: 16,654 $67,334
45502 9.5 mi
Pop: 17,076 $87,378
43010 10.3 mi
Pop: 280 $55,000
43078 10.6 mi
Pop: 19,985 $72,500

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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