Franchise Businesses Market: ZIP 01862
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01862 is an urban area with low foot traffic. with a population of 11,703 and household incomes well above the national median ($131,214).
Area Profile
11,703
Population
$131,214
Median Income
+76% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 28.5% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 01862.
4
Business Consultants
3.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,450
2BR Fair Market Rent
$1,881
Median Gross Rent
$500 K
Median Home Value
2
Bank Branches
$200 K 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 $131,214. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+76% vs. $74,580
Walkability
-3.1 pts vs. national avg
Nearby Markets
01821
3.6 mi
Pop: 30,203
$142,564
Walk: 11.0
01852
3.8 mi
Pop: 36,700
$77,058
Walk: 14.5
01824
4.2 mi
Pop: 26,628
$141,337
Walk: 10.1
01851
4.4 mi
Pop: 32,308
$87,962
Walk: 15.1
01876
5.2 mi
Pop: 30,962
$126,795
Walk: 9.1
01850
5.4 mi
Pop: 16,983
$67,581
Walk: 12.8
01741
5.4 mi
Pop: 5,209
$250,001
Walk: 5.3
01730
5.5 mi
Pop: 14,478
$158,286
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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