Franchise Businesses Market: ZIP 70512
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70512 is an urban area. with a population of 10,703 and household incomes near the national median ($51,988).
Area Profile
10,703
Population
$51,988
Median Income
-30% vs. national
Urban
Area Type
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 12.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$940
2BR Fair Market Rent
$539
Median Gross Rent
$140 K
Median Home Value
2
Bank Branches
$100 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
-30% vs. $74,580
Nearby Markets
70551
5.4 mi
Pop: 1,030
$44,142
70541
8.4 mi
Pop: 885
$53,625
70577
9.2 mi
Pop: 3,808
$46,250
70520
9.8 mi
Pop: 20,134
$65,956
Walk: 7.8
70750
9.8 mi
Pop: 1,108
$39,259
Walk: 5.3
70507
12.0 mi
Pop: 19,215
$64,010
Walk: 6.8
70517
12.6 mi
Pop: 26,570
$58,342
Walk: 6.3
70501
13.1 mi
Pop: 26,956
$31,723
Walk: 10.1
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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