Franchise Businesses Market: ZIP 46227
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46227 is an urban area with moderate foot traffic. with a population of 57,164 and household incomes near the national median ($50,993).
Area Profile
57,164
Population
$50,993
Median Income
-32% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 32.7 —
mixed-age market, broad menu appeal.
College-Educated: 13.5% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 46227.
5
Business Consultants
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$994
Median Gross Rent
$190 K
Median Home Value
14
Bank Branches
$1.1 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 14
vs. National Average
Median Income
-32% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
46107
4.0 mi
Pop: 13,021
$57,377
Walk: 14.3
46237
4.0 mi
Pop: 42,747
$76,676
Walk: 9.1
46217
4.1 mi
Pop: 38,659
$88,326
46142
4.7 mi
Pop: 35,368
$85,611
Walk: 7.4
46203
5.0 mi
Pop: 37,297
$55,375
Walk: 13.6
46225
5.0 mi
Pop: 5,535
$47,917
Walk: 14.0
46143
5.6 mi
Pop: 58,238
$89,401
Walk: 9.1
46206
6.2 mi
Pop: 0
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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