Franchise Costs Near Rio Rancho, NM (87124)
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87124 is an urban area. with a population of 58,402 and household incomes above the national median ($82,278).
Area Profile
58,402
Population
$82,278
Median Income
+10% vs. national
Urban
Area Type
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 23.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 87124.
5
Business Consultants
0.9 per 10K residents
7
Small Business Lenders
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
Median Gross Rent
$260 K
Median Home Value
10
Bank Branches
$1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 12
- Bank Branches
- 10
vs. National Average
Median Income
+10% 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