Franchise Businesses Market: ZIP 01742
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01742 is an urban area with low foot traffic. with a population of 18,337 and household incomes well above the national median ($211,435).
Area Profile
18,337
Population
$211,435
Median Income
+184% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 44.7 —
older demographic, may prefer sit-down options.
College-Educated: 52.9% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 01742.
27
Business Consultants
14.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,330
2BR Fair Market Rent
$2,471
Median Gross Rent
$1.1 M
Median Home Value
8
Bank Branches
$1.6 M 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 $211,435. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 27
- Bank Branches
- 8
vs. National Average
Median Income
+184% vs. $74,580
Walkability
-1.3 pts vs. national avg
Nearby Markets
01773
4.5 mi
Pop: 5,257
$197,292
Walk: 7.8
01741
5.1 mi
Pop: 5,209
$250,001
Walk: 5.3
01720
5.3 mi
Pop: 23,322
$154,101
Walk: 7.3
01731
5.5 mi
Pop: 1,745
$101,194
01718
6.1 mi
Pop: 528
$125,972
01730
6.2 mi
Pop: 14,478
$158,286
01776
6.7 mi
Pop: 19,067
$234,634
Walk: 6.7
01754
6.8 mi
Pop: 10,663
$119,549
Walk: 7.2
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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