Franchise Costs Near Phoenix, AZ (85016)
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 85016 is an urban area. with a population of 36,857 and household incomes above the national median ($85,085). There are 3 franchise businesses operations in ZIP 85016.
Area Profile
36,857
Population
$85,085
Median Income
+14% vs. national
Urban
Area Type
Median Age: 37.1 —
mixed-age market, broad menu appeal.
College-Educated: 39.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 85016.
3
Franchise Businesses
Low competition — room to establish
0.8 per 10K residents
53
Business Consultants
14.4 per 10K residents
4
Small Business Lenders
1.1 per 10K residents
What this means:
Franchise Businesses are 5.0% of the relevant market in ZIP 85016 (3 vs. 57 related businesses).
Moderate presence with proven demand and room for new operators.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,575
Median Gross Rent
$510 K
Median Home Value
32
Bank Branches
$11 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Franchise Businesses
- 3
- Related Businesses
- 57
- Bank Branches
- 32
vs. National Average
Median Income
+14% 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