Franchise Businesses Market: ZIP 01921
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01921 is an urban area with low foot traffic. with a population of 8,229 and household incomes well above the national median ($190,526).
Area Profile
8,229
Population
$190,526
Median Income
+155% vs. national
Urban
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 49.5 —
older demographic, may prefer sit-down options.
College-Educated: 49.0% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 01921.
4
Business Consultants
4.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$736
Median Gross Rent
$870 K
Median Home Value
1
Bank Branches
$40 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 $190,526. 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
- 1
vs. National Average
Median Income
+155% vs. $74,580
Walkability
-4.2 pts vs. national avg
Nearby Markets
01833
4.2 mi
Pop: 8,380
$153,565
Walk: 5.0
01845
4.5 mi
Pop: 31,881
$134,319
Walk: 11.4
01834
4.9 mi
Pop: 6,747
$135,521
Walk: 6.2
01949
5.2 mi
Pop: 9,727
$171,458
01983
6.5 mi
Pop: 6,535
$176,698
Walk: 7.5
01835
6.6 mi
Pop: 14,637
$108,275
Walk: 11.8
01937
7.3 mi
Pop: 146
Walk: 9.7
01830
8.0 mi
Pop: 26,685
$79,784
Walk: 12.5
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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