Franchise Businesses Market: ZIP 51062
Opportunity Score
14
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 51062 is an urban area with low foot traffic.
Area Profile
338
Population
Urban
Area Type
4.0/20
Foot Traffic
Very Car-Dependent
Median Age: 57.3 —
older demographic, may prefer sit-down options.
College-Educated: 18.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$880
2BR Fair Market Rent
$1,146
Median Gross Rent
$280 K
Median Home Value
Tips for Starting a Franchise Business in Iowa
- 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
-6.5 pts vs. national avg
Nearby Markets
51109
7.5 mi
Pop: 3,731
$70,750
Walk: 10.4
57038
8.8 mi
Pop: 1,713
$86,895
51001
9.9 mi
Pop: 2,292
$67,639
57025
11.1 mi
Pop: 3,165
$88,466
Walk: 7.1
57049
12.2 mi
Pop: 7,814
$93,239
51103
13.6 mi
Pop: 17,145
$57,212
Walk: 15.0
51104
14.5 mi
Pop: 22,792
$74,984
Walk: 12.7
51011
15.1 mi
Pop: 80
$45,556
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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