Franchise Costs Near Lynnfield, MA (01940)
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01940 is an urban area. with a population of 13,183 and household incomes well above the national median ($171,044).
Area Profile
13,183
Population
$171,044
Median Income
+129% vs. national
Urban
Area Type
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 41.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 01940.
5
Business Consultants
3.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,333
Median Gross Rent
$890 K
Median Home Value
8
Bank Branches
$840 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 5
- Bank Branches
- 8
vs. National Average
Median Income
+129% vs. $74,580
Nearby Markets
Check Another Market
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Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits