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Home ZIP 02114

Franchise Businesses Market: ZIP 02114

Opportunity Score
93 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02114 is an urban area with high foot traffic. with a population of 13,853 and household incomes well above the national median ($135,057).

Area Profile

13,853
Population
$135,057
Median Income
+81% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 33.0 — mixed-age market, broad menu appeal.
College-Educated: 70.8% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 02114.

9
Business Consultants
6.5 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$4,070
2BR Fair Market Rent
$2,933
Median Gross Rent
$930 K
Median Home Value
7
Bank Branches
$170 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 $135,057. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Very Walkable
Related Businesses
9
Bank Branches
7

vs. National Average

Median Income
+81% vs. $74,580
Walkability
+5.2 pts vs. national avg

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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