Franchise Businesses Market: ZIP 01518
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01518 is an suburban area. with a population of 2,835 and household incomes well above the national median ($111,193).
Area Profile
2,835
Population
$111,193
Median Income
+49% vs. national
Suburban
Area Type
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 33.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,830
2BR Fair Market Rent
$1,051
Median Gross Rent
$410 K
Median Home Value
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 $111,193. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
+49% vs. $74,580
Nearby Markets
01566
2.4 mi
Pop: 7,054
$135,802
Walk: 5.5
01506
5.0 mi
Pop: 3,442
$71,875
Walk: 6.9
01521
6.3 mi
Pop: 2,576
$86,806
Walk: 4.7
01550
6.4 mi
Pop: 17,806
$59,397
Walk: 10.9
01010
6.5 mi
Pop: 3,694
$101,477
Walk: 4.3
01515
8.6 mi
Pop: 2,120
$76,382
Walk: 8.9
01081
8.9 mi
Pop: 1,704
$87,337
01083
9.0 mi
Pop: 2,746
$92,558
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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