Franchise Businesses Market: ZIP 47035
Opportunity Score
8
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47035 is an urban area. with a population of 266 and household incomes below the national median ($36,489).
Area Profile
266
Population
$36,489
Median Income
-51% vs. national
Urban
Area Type
Median Age: 70.1 —
older demographic, may prefer sit-down options.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$150 K
Median Home Value
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.
- Median income sits at $36,489. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-51% vs. $74,580
Nearby Markets
47060
2.8 mi
Pop: 6,379
$75,878
Walk: 5.0
47016
4.4 mi
Pop: 683
$66,533
47022
7.8 mi
Pop: 2,837
$104,375
45053
8.6 mi
Pop: 3,717
$111,409
Walk: 4.2
47012
9.8 mi
Pop: 10,891
$86,369
Walk: 11.0
45030
10.4 mi
Pop: 21,328
$97,228
Walk: 7.3
47025
11.0 mi
Pop: 23,713
$89,986
Walk: 6.6
45002
12.4 mi
Pop: 14,647
$84,597
Check Another Market
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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