Franchise Businesses Market: ZIP 70117
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70117 is an urban area with moderate foot traffic. with a population of 26,250 and household incomes below the national median ($41,645).
Area Profile
26,250
Population
$41,645
Median Income
-44% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 26.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 70117.
7
Business Consultants
2.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,340
2BR Fair Market Rent
$1,191
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$49 K deposits
Tips for Starting a Franchise Business in Louisiana
- 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.
- Median income sits at $41,645. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 7
- Bank Branches
- 1
vs. National Average
Median Income
-44% vs. $74,580
Walkability
+3.0 pts vs. national avg
Nearby Markets
70114
2.1 mi
Pop: 22,132
$41,435
Walk: 13.8
70116
2.4 mi
Pop: 10,377
$45,580
Walk: 15.0
70032
2.6 mi
Pop: 4,436
$52,500
Walk: 9.8
70139
3.1 mi
Pop: 0
70163
3.4 mi
Pop: 0
Walk: 18.7
70112
3.4 mi
Pop: 3,646
$23,052
Walk: 15.2
70130
3.5 mi
Pop: 12,883
$82,758
Walk: 15.0
70126
3.6 mi
Pop: 28,690
$38,229
Walk: 12.0
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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