Franchise Costs Near Somerville, MA (02143)
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02143 is an urban area. with a population of 25,161 and household incomes well above the national median ($126,102).
Area Profile
25,161
Population
$126,102
Median Income
+69% vs. national
Urban
Area Type
Median Age: 32.8 —
mixed-age market, broad menu appeal.
College-Educated: 60.4% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 02143.
7
Business Consultants
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,424
Median Gross Rent
$930 K
Median Home Value
3
Bank Branches
$290 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 7
- Bank Branches
- 3
vs. National Average
Median Income
+69% 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