Franchise Businesses Market: ZIP 47401
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47401 is an urban area with moderate foot traffic. with a population of 40,084 and household incomes near the national median ($65,643).
Area Profile
40,084
Population
$65,643
Median Income
-12% vs. national
Urban
Area Type
12.8/20
Foot Traffic
Walkable
Median Age: 37.3 —
mixed-age market, broad menu appeal.
College-Educated: 40.6% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 47401.
12
Business Consultants
3.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$1,181
Median Gross Rent
$330 K
Median Home Value
13
Bank Branches
$1.3 M 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 12
- Bank Branches
- 13
vs. National Average
Median Income
-12% vs. $74,580
Walkability
+2.3 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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