Franchise Businesses Market: ZIP 73116
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 73116 is an urban area with moderate foot traffic. with a population of 10,016 and household incomes above the national median ($81,563). There are 3 franchise businesses operations in ZIP 73116.
Area Profile
10,016
Population
$81,563
Median Income
+9% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 39.5% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 73116.
3
Franchise Businesses
Low competition — room to establish
3.0 per 10K residents
23
Business Consultants
23.0 per 10K residents
What this means:
Franchise Businesses are 11.5% of the relevant market in ZIP 73116 (3 vs. 23 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,136
Median Gross Rent
$290 K
Median Home Value
11
Bank Branches
$1.4 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Franchise Businesses
- 3
- Related Businesses
- 23
- Bank Branches
- 11
vs. National Average
Median Income
+9% vs. $74,580
Walkability
+3.0 pts vs. national avg
Nearby Markets
73112
2.1 mi
Pop: 30,422
$57,833
Walk: 13.7
73120
2.5 mi
Pop: 34,651
$62,942
Walk: 10.8
73118
3.0 mi
Pop: 14,118
$69,321
Walk: 14.6
73122
3.8 mi
Pop: 12,689
$49,826
Walk: 10.3
73114
3.9 mi
Pop: 18,235
$52,592
Walk: 9.8
73107
4.5 mi
Pop: 25,995
$58,428
Walk: 13.7
73105
4.6 mi
Pop: 5,810
$48,314
Walk: 14.4
73134
4.7 mi
Pop: 6,874
$55,827
Walk: 11.6
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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