Franchise Businesses Market: ZIP 87507
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87507 is an urban area with moderate foot traffic. with a population of 51,109 and household incomes near the national median ($62,955).
Area Profile
51,109
Population
$62,955
Median Income
-16% vs. national
Urban
Area Type
11.5/20
Foot Traffic
Walkable
Median Age: 39.1 —
mixed-age market, broad menu appeal.
College-Educated: 21.3% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 87507.
7
Business Consultants
1.4 per 10K residents
4
Small Business Lenders
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,276
Median Gross Rent
$330 K
Median Home Value
6
Bank Branches
$470 K deposits
Tips for Starting a Franchise Business in New Mexico
- 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 11
- Bank Branches
- 6
vs. National Average
Median Income
-16% vs. $74,580
Walkability
+1.0 pts vs. national avg
Nearby Markets
87508
13.2 mi
Pop: 18,745
$96,767
Walk: 4.9
87041
14.7 mi
Pop: 848
$77,847
87547
14.7 mi
Pop: 5,568
$150,714
Walk: 7.1
87544
16.3 mi
Pop: 13,806
$135,108
Walk: 5.1
87505
16.7 mi
Pop: 32,189
$75,912
Walk: 12.1
87506
17.5 mi
Pop: 16,055
$90,504
Walk: 4.3
87083
17.7 mi
Pop: 453
$54,861
87501
18.7 mi
Pop: 15,409
$81,229
Walk: 16.7
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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