Franchise Businesses Market: ZIP 02163
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02163 is an urban area. with a population of 1,852 and household incomes near the national median ($74,028).
Area Profile
1,852
Population
$74,028
Median Income
-1% vs. national
Urban
Area Type
Median Age: 22.4 —
young market, strong street food demand.
College-Educated: 43.6% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,950
2BR Fair Market Rent
$3,501
Median Gross Rent
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
vs. National Average
Median Income
-1% vs. $74,580
Nearby Markets
02134
0.7 mi
Pop: 17,637
$75,317
Walk: 14.5
02138
1.1 mi
Pop: 38,077
$122,040
Walk: 15.7
02139
1.6 mi
Pop: 39,609
$124,648
Walk: 15.9
02446
1.6 mi
Pop: 31,109
$127,519
Walk: 16.4
02140
1.8 mi
Pop: 21,361
$136,382
Walk: 16.3
02215
2.0 mi
Pop: 24,054
$65,827
Walk: 15.4
02143
2.2 mi
Pop: 25,161
$126,102
Walk: 16.2
02135
2.3 mi
Pop: 43,683
$88,208
Walk: 14.0
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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