Franchise Costs Near Boston, MA (02116)
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02116 is an urban area. with a population of 22,040 and household incomes well above the national median ($127,309).
Area Profile
22,040
Population
$127,309
Median Income
+71% vs. national
Urban
Area Type
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 55.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 02116.
57
Business Consultants
25.9 per 10K residents
3
Small Business Lenders
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,341
Median Gross Rent
$1.6 M
Median Home Value
17
Bank Branches
$4 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 60
- Bank Branches
- 17
vs. National Average
Median Income
+71% vs. $74,580
Nearby Markets
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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