Franchise Businesses Market: ZIP 01949
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01949 is an urban area. with a population of 9,727 and household incomes well above the national median ($171,458).
Area Profile
9,727
Population
$171,458
Median Income
+130% vs. national
Urban
Area Type
Median Age: 44.5 —
older demographic, may prefer sit-down options.
College-Educated: 31.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,621
Median Gross Rent
$710 K
Median Home Value
7
Bank Branches
$830 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 $171,458. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 7
vs. National Average
Median Income
+130% vs. $74,580
Nearby Markets
01937
2.3 mi
Pop: 146
Walk: 9.7
01923
4.6 mi
Pop: 27,778
$117,072
Walk: 9.8
01983
4.8 mi
Pop: 6,535
$176,698
Walk: 7.5
01921
5.2 mi
Pop: 8,229
$190,526
Walk: 6.3
01940
5.7 mi
Pop: 13,183
$171,044
Walk: 7.1
01960
5.8 mi
Pop: 53,961
$95,173
Walk: 11.9
01864
5.8 mi
Pop: 15,634
$150,820
01845
7.3 mi
Pop: 31,881
$134,319
Walk: 11.4
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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