Franchise Businesses Market: ZIP 46038
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46038 is an urban area with low foot traffic. with a population of 43,245 and household incomes well above the national median ($105,092).
Area Profile
43,245
Population
$105,092
Median Income
+41% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 39.8% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 46038.
30
Business Consultants
6.9 per 10K residents
3
Small Business Lenders
0.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,700
2BR Fair Market Rent
$1,489
Median Gross Rent
$300 K
Median Home Value
13
Bank Branches
$4.7 M deposits
Tips for Starting a Franchise Business in Indiana
- 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.
- The median income here is $105,092. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 33
- Bank Branches
- 13
vs. National Average
Median Income
+41% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
46256
4.0 mi
Pop: 21,785
$86,529
Walk: 9.0
46033
4.8 mi
Pop: 40,153
$150,529
Walk: 6.6
46037
5.1 mi
Pop: 46,976
$137,969
46250
5.6 mi
Pop: 17,933
$69,591
Walk: 11.0
46236
5.9 mi
Pop: 26,049
$117,530
Walk: 7.0
46216
7.0 mi
Pop: 2,546
$56,838
46062
7.1 mi
Pop: 39,348
$116,834
Walk: 6.6
46240
8.5 mi
Pop: 19,632
$70,728
Walk: 10.8
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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