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Home North Carolina ZIP 28031

Food Truck Market: ZIP 28031

Opportunity Score
89 / 100 Excellent
Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 28031 sits in the top walkability tier at 15.0/20 on the EPA index. Median income runs 52% above the national median — $113,368 vs. $74,580 nationally. High foot traffic and real purchasing power make this one of the stronger food truck markets in the country. The tradeoff: commissary kitchen rates and permit fees are elevated to match.

Market Summary

ZIP 28031 is an urban area with high foot traffic. with a population of 31,733 and household incomes well above the national median ($113,368). There are 70 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

31,733
Population
$113,368
Median Income
+52% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 44.6 — older demographic, may prefer sit-down options.
College-Educated: 45.0% — strong appetite for artisan/specialty food.

Competition

Food service establishments in ZIP 28031.

45
Sit-Down Restaurants
14.2 per 10K residents
25
Fast Food / Counter
7.9 per 10K residents

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$1,747
Median Gross Rent
$550 K
Median Home Value
15
Bank Branches
$1.3 M deposits

What to Expect Here

Fixed Location Beats Roaming

High-foot-traffic areas reward consistency. If you can secure a recurring spot near offices or transit stops, build your weekly schedule around it. Regular customers drive more revenue than novelty seekers.

Premium Pricing Holds Here

Income levels and education rates both point toward a market that will pay for quality. Specialty ingredients, dietary accommodations, and strong branding all command price premiums in this ZIP. Don't race to the bottom.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits