Franchise Businesses Market: ZIP 47408
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47408 is an urban area with moderate foot traffic. with a population of 21,660 and household incomes below the national median ($45,584).
Area Profile
21,660
Population
$45,584
Median Income
-39% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 23.9 —
young market, strong street food demand.
College-Educated: 28.2% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 47408.
5
Business Consultants
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,190
2BR Fair Market Rent
$1,177
Median Gross Rent
$300 K
Median Home Value
3
Bank Branches
$290 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 3
vs. National Average
Median Income
-39% vs. $74,580
Walkability
+2.6 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