Franchise Businesses Market: ZIP 47234
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47234 is an suburban area. with a population of 1,571 and household incomes above the national median ($99,479).
Area Profile
1,571
Population
$99,479
Median Income
+33% vs. national
Suburban
Area Type
Median Age: 46.8 —
older demographic, may prefer sit-down options.
College-Educated: 11.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$180 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.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
+33% vs. $74,580
Nearby Markets
47246
5.4 mi
Pop: 4,142
$88,106
Walk: 4.5
46182
8.9 mi
Pop: 1,670
$88,462
Walk: 4.2
47226
9.5 mi
Pop: 175
$63,542
46176
10.4 mi
Pop: 28,581
$66,045
Walk: 7.1
47272
10.4 mi
Pop: 2,100
$73,085
Walk: 4.5
47203
11.0 mi
Pop: 25,106
$73,595
Walk: 7.1
47244
11.8 mi
Pop: 570
$68,750
46124
12.4 mi
Pop: 7,638
$67,926
Walk: 8.9
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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