FranchiseBudget
Showing results for ZIP 23430 (VA)
Home ZIP 47390

Franchise Businesses Market: ZIP 47390

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47390 is an rural area with low foot traffic. with a population of 5,084 and household incomes below the national median ($44,752).

Area Profile

5,084
Population
$44,752
Median Income
-40% vs. national
Rural
Area Type
5.1/20
Foot Traffic
Very Car-Dependent
Median Age: 37.8 — mixed-age market, broad menu appeal.
College-Educated: 10.2% — value-focused market, keep prices competitive.

Operating Costs

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

$930
2BR Fair Market Rent
$655
Median Gross Rent
$94 K
Median Home Value
2
Bank Branches
$110 K 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.
  • Median income sits at $44,752. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Rural
Foot Traffic
Very Car-Dependent
Bank Branches
2

vs. National Average

Median Income
-40% vs. $74,580
Walkability
-5.4 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits