Franchise Businesses Market: ZIP 02148
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02148 is an urban area with high foot traffic. with a population of 65,509 and household incomes above the national median ($95,298).
Area Profile
65,509
Population
$95,298
Median Income
+28% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 33.0% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 02148.
3
Business Consultants
0.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,740
2BR Fair Market Rent
$2,066
Median Gross Rent
$610 K
Median Home Value
9
Bank Branches
$1.2 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 3
- Bank Branches
- 9
vs. National Average
Median Income
+28% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
02149
1.6 mi
Pop: 49,236
$79,658
Walk: 14.8
02176
1.8 mi
Pop: 29,488
$126,854
Walk: 14.4
02150
2.9 mi
Pop: 39,444
$72,122
Walk: 15.5
02155
3.4 mi
Pop: 61,276
$118,403
Walk: 14.8
02145
3.4 mi
Pop: 27,929
$119,167
Walk: 15.5
02129
3.4 mi
Pop: 19,994
$157,192
Walk: 15.8
02151
4.0 mi
Pop: 59,949
$80,948
Walk: 14.8
02180
4.1 mi
Pop: 22,986
$112,635
Walk: 12.9
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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