Franchise Costs Near Lafayette, LA (70507)
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70507 is an urban area. with a population of 19,215 and household incomes near the national median ($64,010).
Area Profile
19,215
Population
$64,010
Median Income
-14% vs. national
Urban
Area Type
Median Age: 37.3 —
mixed-age market, broad menu appeal.
College-Educated: 19.6% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 70507.
5
Business Consultants
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$937
Median Gross Rent
$210 K
Median Home Value
1
Bank Branches
$140 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 5
- Bank Branches
- 1
vs. National Average
Median Income
-14% 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