Franchise Businesses Market: ZIP 02072
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02072 is an urban area with moderate foot traffic. with a population of 29,074 and household incomes well above the national median ($104,164).
Area Profile
29,074
Population
$104,164
Median Income
+40% vs. national
Urban
Area Type
11.4/20
Foot Traffic
Walkable
Median Age: 43.4 —
older demographic, may prefer sit-down options.
College-Educated: 29.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 02072.
7
Business Consultants
2.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,993
Median Gross Rent
$500 K
Median Home Value
12
Bank Branches
$1.5 M 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 $104,164. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 7
- Bank Branches
- 12
vs. National Average
Median Income
+40% vs. $74,580
Walkability
+0.9 pts vs. national avg
Nearby Markets
02322
3.5 mi
Pop: 4,753
$129,487
Walk: 11.5
02021
4.2 mi
Pop: 24,459
$128,341
Walk: 9.9
02357
4.2 mi
Pop: 1,410
02356
4.2 mi
Pop: 12,547
$124,719
02301
5.1 mi
Pop: 68,608
$72,727
Walk: 13.9
02368
5.4 mi
Pop: 34,736
$103,321
Walk: 11.7
02067
5.5 mi
Pop: 18,478
$183,724
Walk: 7.2
02343
7.4 mi
Pop: 11,267
$107,198
Walk: 7.7
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