Franchise Businesses Market: ZIP 71027
Opportunity Score
14
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 71027 is an urban area. with a population of 986 and household incomes below the national median ($32,292).
Area Profile
986
Population
$32,292
Median Income
-57% vs. national
Urban
Area Type
Median Age: 48.5 —
older demographic, may prefer sit-down options.
College-Educated: 7.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,110
2BR Fair Market Rent
$1,063
Median Gross Rent
$190 K
Median Home Value
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 $32,292. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-57% vs. $74,580
Nearby Markets
71078
8.0 mi
Pop: 7,713
$83,352
71030
8.6 mi
Pop: 1,848
$58,750
71115
8.6 mi
Pop: 15,034
$71,645
Walk: 6.1
71106
10.1 mi
Pop: 33,651
$77,724
Walk: 9.5
71032
12.9 mi
Pop: 2,298
$68,864
71118
13.0 mi
Pop: 24,994
$56,952
Walk: 6.3
71112
14.2 mi
Pop: 32,975
$59,814
Walk: 6.9
71105
14.5 mi
Pop: 20,351
$66,758
Walk: 8.5
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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