Franchise Costs Near New Orleans, LA (70116)
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70116 is an urban area. with a population of 10,377 and household incomes below the national median ($45,580).
Area Profile
10,377
Population
$45,580
Median Income
-39% vs. national
Urban
Area Type
Median Age: 46.3 —
older demographic, may prefer sit-down options.
College-Educated: 42.5% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 70116.
4
Business Consultants
3.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,190
Median Gross Rent
$390 K
Median Home Value
2
Bank Branches
$14 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
-39% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits