Franchise Businesses Market: ZIP 01106
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01106 is an urban area with moderate foot traffic. with a population of 15,961 and household incomes well above the national median ($143,961).
Area Profile
15,961
Population
$143,961
Median Income
+93% vs. national
Urban
Area Type
10.4/20
Foot Traffic
Walkable
Median Age: 45.1 —
older demographic, may prefer sit-down options.
College-Educated: 45.4% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,240
2BR Fair Market Rent
$2,056
Median Gross Rent
$420 K
Median Home Value
5
Bank Branches
$790 K deposits
Tips for Starting a Franchise Business in Massachusetts
- 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.
- The median income here is $143,961. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 5
vs. National Average
Median Income
+93% vs. $74,580
Walkability
-0.2 pts vs. national avg
Nearby Markets
01108
2.6 mi
Pop: 27,409
$51,851
Walk: 14.3
01105
3.6 mi
Pop: 11,469
$22,994
Walk: 15.1
06082
4.3 mi
Pop: 41,100
$91,141
Walk: 8.4
01144
4.3 mi
Pop: 0
Walk: 15.7
01118
4.3 mi
Pop: 15,009
$80,906
Walk: 11.8
01001
4.5 mi
Pop: 16,136
$71,924
Walk: 7.1
01103
4.5 mi
Pop: 2,336
$21,458
01028
4.6 mi
Pop: 16,283
$100,997
Walk: 6.7
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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