Franchise Businesses Market: ZIP 47334
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47334 is an urban area. with a population of 3,202 and household incomes near the national median ($73,076).
Area Profile
3,202
Population
$73,076
Median Income
-2% vs. national
Urban
Area Type
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 19.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$823
Median Gross Rent
$170 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
- Urban
vs. National Average
Median Income
-2% vs. $74,580
Nearby Markets
47356
5.3 mi
Pop: 5,508
$68,654
Walk: 4.8
47396
5.7 mi
Pop: 7,808
$80,490
Walk: 5.8
46017
6.3 mi
Pop: 5,421
$72,468
Walk: 7.6
46012
7.4 mi
Pop: 20,248
$58,538
Walk: 7.6
47388
8.9 mi
Pop: 413
$51,500
Walk: 3.3
47367
9.2 mi
Pop: 105
Walk: 4.5
47304
10.0 mi
Pop: 31,432
$67,756
Walk: 8.9
47386
10.1 mi
Pop: 1,210
$76,430
Walk: 3.3
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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