Franchise Businesses Market: ZIP 01519
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01519 is an urban area. with a population of 7,738 and household incomes well above the national median ($153,750).
Area Profile
7,738
Population
$153,750
Median Income
+106% vs. national
Urban
Area Type
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 43.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,620
2BR Fair Market Rent
$2,266
Median Gross Rent
$570 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 $153,750. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+106% vs. $74,580
Nearby Markets
01560
2.0 mi
Pop: 4,914
$98,884
Walk: 8.9
01536
2.1 mi
Pop: 7,119
$105,795
Walk: 6.9
01534
5.1 mi
Pop: 6,097
$134,539
01568
5.4 mi
Pop: 7,926
$161,429
01545
6.1 mi
Pop: 38,440
$136,225
Walk: 7.7
01588
6.1 mi
Pop: 10,357
$88,735
Walk: 8.8
01581
6.4 mi
Pop: 21,591
$134,474
Walk: 9.7
01527
6.8 mi
Pop: 13,899
$116,000
Walk: 15.4
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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