Franchise Businesses Market: ZIP 58203
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 58203 is an urban area with high foot traffic. with a population of 16,308 and household incomes near the national median ($57,905).
Area Profile
16,308
Population
$57,905
Median Income
-22% vs. national
Urban
Area Type
16.2/20
Foot Traffic
Very Walkable
Median Age: 28.4 —
young market, strong street food demand.
College-Educated: 20.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$932
Median Gross Rent
$200 K
Median Home Value
Tips for Starting a Franchise Business in North Dakota
- 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 Walkable
vs. National Average
Median Income
-22% vs. $74,580
Walkability
+5.7 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