Franchise Costs Near Worcester, MA (01602)
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01602 is an urban area. with a population of 25,791 and household incomes above the national median ($94,351).
Area Profile
25,791
Population
$94,351
Median Income
+27% vs. national
Urban
Area Type
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 31.6% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 01602.
3
Business Consultants
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,471
Median Gross Rent
$380 K
Median Home Value
4
Bank Branches
$250 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 4
vs. National Average
Median Income
+27% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits