Franchise Costs Near Shreveport, LA (71118)
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 71118 is an urban area. with a population of 24,994 and household incomes near the national median ($56,952).
Area Profile
24,994
Population
$56,952
Median Income
-24% vs. national
Urban
Area Type
Median Age: 35.9 —
mixed-age market, broad menu appeal.
College-Educated: 12.4% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 71118.
4
Small Business Lenders
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,009
Median Gross Rent
$170 K
Median Home Value
10
Bank Branches
$680 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 10
vs. National Average
Median Income
-24% vs. $74,580
Nearby Markets
Check Another Market
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Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits