Franchise Businesses Market: ZIP 47967
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47967 is an urban area. with a population of 853 and household incomes above the national median ($80,139).
Area Profile
853
Population
$80,139
Median Income
+7% vs. national
Urban
Area Type
Median Age: 40.9 —
older demographic, may prefer sit-down options.
College-Educated: 7.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,200
2BR Fair Market Rent
$1,063
Median Gross Rent
$120 K
Median Home Value
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
vs. National Average
Median Income
+7% vs. $74,580
Nearby Markets
47981
5.4 mi
Pop: 915
$76,250
47994
5.8 mi
Pop: 510
$98,125
Walk: 4.6
47955
9.1 mi
Pop: 824
$61,607
Walk: 3.6
47992
9.3 mi
Pop: 1,523
$106,458
Walk: 3.3
47990
10.1 mi
Pop: 1,374
$60,640
Walk: 4.0
47969
10.4 mi
Pop: 250
$51,875
47958
10.5 mi
Pop: 196
$84,583
47909
11.4 mi
Pop: 42,971
$67,341
Walk: 12.2
Check Another Market
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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