Franchise Businesses Market: ZIP 47406
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47406 is an urban area with moderate foot traffic.
Area Profile
8,356
Population
Urban
Area Type
15.0/20
Foot Traffic
Very Car-Dependent
Median Age: 19.2 —
young market, strong street food demand.
College-Educated: 1.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,200
2BR Fair Market Rent
$1,188
Median Gross Rent
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
- Very Car-Dependent
vs. National Average
Walkability
+4.5 pts vs. national avg
Nearby Markets
47405
0.7 mi
Pop: 1,249
47408
5.0 mi
Pop: 21,660
$45,584
Walk: 13.1
47404
6.1 mi
Pop: 23,614
$54,674
Walk: 12.1
47401
7.1 mi
Pop: 40,084
$65,643
Walk: 12.8
47458
7.3 mi
Pop: 19
Walk: 5.3
47403
9.1 mi
Pop: 34,410
$68,703
Walk: 10.8
47429
9.8 mi
Pop: 7,402
$88,625
Walk: 6.2
47468
11.4 mi
Pop: 1,195
$81,979
Walk: 3.7
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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