Franchise Businesses Market: ZIP 01803
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01803 is an urban area with moderate foot traffic. with a population of 26,068 and household incomes well above the national median ($142,421).
Area Profile
26,068
Population
$142,421
Median Income
+91% vs. national
Urban
Area Type
10.5/20
Foot Traffic
Walkable
Median Age: 44.9 —
older demographic, may prefer sit-down options.
College-Educated: 43.2% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 01803.
21
Business Consultants
8.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,100
2BR Fair Market Rent
$2,615
Median Gross Rent
$680 K
Median Home Value
19
Bank Branches
$3 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 $142,421. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 21
- Bank Branches
- 19
vs. National Average
Median Income
+91% vs. $74,580
Walkability
+-0.0 pts vs. national avg
Nearby Markets
02420
3.2 mi
Pop: 16,287
$233,068
Walk: 11.9
01801
3.4 mi
Pop: 41,205
$107,754
Walk: 12.9
01821
4.7 mi
Pop: 30,203
$142,564
Walk: 11.0
01887
5.0 mi
Pop: 23,195
$161,473
Walk: 7.9
02421
5.2 mi
Pop: 17,798
$212,843
Walk: 13.3
01890
5.3 mi
Pop: 22,862
$218,176
Walk: 12.6
01730
5.5 mi
Pop: 14,478
$158,286
01731
6.3 mi
Pop: 1,745
$101,194
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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