Franchise Costs Near Lubbock, TX (79416)
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 79416 is an urban area. with a population of 36,461 and household incomes near the national median ($65,200).
Area Profile
36,461
Population
$65,200
Median Income
-13% vs. national
Urban
Area Type
Median Age: 28.6 —
young market, strong street food demand.
College-Educated: 22.0% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 79416.
4
Business Consultants
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,269
Median Gross Rent
$200 K
Median Home Value
10
Bank Branches
$480 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
-13% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits