Franchise Costs Near Norwood, MA (02062)
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02062 is an urban area. with a population of 31,380 and household incomes above the national median ($97,110).
Area Profile
31,380
Population
$97,110
Median Income
+30% vs. national
Urban
Area Type
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 39.1% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 02062.
13
Business Consultants
4.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,056
Median Gross Rent
$610 K
Median Home Value
8
Bank Branches
$1.9 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 13
- Bank Branches
- 8
vs. National Average
Median Income
+30% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits