Franchise Businesses Market: ZIP 70363
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70363 is an urban area with low foot traffic. with a population of 24,668 and household incomes below the national median ($44,828).
Area Profile
24,668
Population
$44,828
Median Income
-40% vs. national
Urban
Area Type
7.9/20
Foot Traffic
Car-Dependent
Median Age: 34.8 —
mixed-age market, broad menu appeal.
College-Educated: 5.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 70363.
7
Small Business Lenders
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,140
2BR Fair Market Rent
$1,054
Median Gross Rent
$140 K
Median Home Value
6
Bank Branches
$500 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 $44,828. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 6
vs. National Average
Median Income
-40% vs. $74,580
Walkability
-2.6 pts vs. national avg
Nearby Markets
70344
8.7 mi
Pop: 5,151
$52,418
Walk: 3.9
70360
8.8 mi
Pop: 28,810
$82,365
Walk: 7.4
70364
9.0 mi
Pop: 28,990
$68,909
Walk: 7.3
70343
10.3 mi
Pop: 5,271
$84,474
70353
10.3 mi
Pop: 522
$57,969
70377
12.1 mi
Pop: 3,386
$53,851
Walk: 3.7
70397
12.1 mi
Pop: 867
$112,411
Walk: 2.8
70359
13.7 mi
Pop: 9,472
$54,139
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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