Franchise Businesses Market: ZIP 71245
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 71245 is an suburban area. with a population of 4,176 and household incomes below the national median ($22,500).
Area Profile
4,176
Population
$22,500
Median Income
-70% vs. national
Suburban
Area Type
Median Age: 20.9 —
young market, strong street food demand.
College-Educated: 13.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$950
2BR Fair Market Rent
$540
Median Gross Rent
$150 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 $22,500. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-70% vs. $74,580
Nearby Markets
71272
4.4 mi
Pop: 2,035
Walk: 6.5
71270
5.6 mi
Pop: 32,747
$37,599
Walk: 5.7
71275
7.1 mi
Pop: 2,565
$36,731
Walk: 3.6
71235
11.6 mi
Pop: 3,979
$50,417
71268
12.6 mi
Pop: 2,262
$57,697
Walk: 5.5
71001
14.2 mi
Pop: 4,209
$37,744
Walk: 7.2
71227
16.7 mi
Pop: 4,099
$60,810
71008
21.4 mi
Pop: 359
$35,227
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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