Franchise Businesses Market: ZIP 70818
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70818 is an urban area with low foot traffic. with a population of 10,403 and household incomes above the national median ($77,262).
Area Profile
10,403
Population
$77,262
Median Income
+4% vs. national
Urban
Area Type
5.6/20
Foot Traffic
Very Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 23.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,290
2BR Fair Market Rent
$1,353
Median Gross Rent
$260 K
Median Home Value
4
Bank Branches
$310 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
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 4
vs. National Average
Median Income
+4% vs. $74,580
Walkability
-4.9 pts vs. national avg
Nearby Markets
70814
4.0 mi
Pop: 11,424
$53,280
Walk: 6.7
70812
5.1 mi
Pop: 11,124
$41,402
Walk: 6.4
70819
5.7 mi
Pop: 4,781
$77,150
Walk: 5.4
70811
5.9 mi
Pop: 13,178
$41,195
Walk: 5.4
70815
6.1 mi
Pop: 31,924
$55,804
Walk: 7.6
70714
6.2 mi
Pop: 17,449
$60,333
Walk: 6.8
70739
7.1 mi
Pop: 13,714
$105,969
70786
7.2 mi
Pop: 0
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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