Franchise Costs Near New Orleans, LA (70118)
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70118 is an urban area. with a population of 36,061 and household incomes near the national median ($62,665).
Area Profile
36,061
Population
$62,665
Median Income
-16% vs. national
Urban
Area Type
Median Age: 32.7 —
mixed-age market, broad menu appeal.
College-Educated: 32.3% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 70118.
9
Business Consultants
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,257
Median Gross Rent
$450 K
Median Home Value
5
Bank Branches
$770 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 9
- Bank Branches
- 5
vs. National Average
Median Income
-16% 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