FranchiseBudget
Home › Indiana › ZIP 47340

Franchise Costs Near Farmland, IN (47340)

Opportunity Score
58 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47340 is an urban area. with a population of 3,267 and household incomes near the national median ($61,146).

Area Profile

3,267
Population
$61,146
Median Income
-18% vs. national
Urban
Area Type
Median Age: 40.9 — older demographic, may prefer sit-down options.
College-Educated: 14.4% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$845
Median Gross Rent
$170 K
Median Home Value

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Quick Facts

Area Type
Urban

vs. National Average

Median Income
-18% vs. $74,580

Nearby Markets

47368 4.2 mi
Pop: 2,118 $69,936
47358 8.6 mi
Pop: 917 $75,729
47383 9.4 mi
Pop: 2,564 $59,700
47380 9.4 mi
Pop: 1,537 $55,278
47394 10.1 mi
Pop: 8,137 $66,335
47354 10.5 mi
Pop: 1,122 $63,204
47373 11.1 mi
Pop: 2,218 $49,199
47320 11.5 mi
Pop: 4,486 $68,244

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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