Franchise Businesses Market: ZIP 02199
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02199 is an urban area with high foot traffic. with a population of 1,253 and household incomes well above the national median ($118,367).
Area Profile
1,253
Population
$118,367
Median Income
+59% vs. national
Urban
Area Type
18.1/20
Foot Traffic
Very Walkable
Median Age: 36.9 —
mixed-age market, broad menu appeal.
College-Educated: 77.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 02199.
5
Business Consultants
39.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$4,070
2BR Fair Market Rent
$3,404
Median Gross Rent
4
Bank Branches
$790 K 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 $118,367. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 5
- Bank Branches
- 4
vs. National Average
Median Income
+59% vs. $74,580
Walkability
+7.6 pts vs. national avg
Nearby Markets
02116
0.4 mi
Pop: 22,040
$127,309
Walk: 15.5
02142
1.0 mi
Pop: 4,349
$168,788
Walk: 15.9
02115
1.0 mi
Pop: 28,621
$53,398
Walk: 15.6
02118
1.1 mi
Pop: 28,522
$90,142
Walk: 16.7
02108
1.2 mi
Pop: 4,178
$212,664
Walk: 13.3
02114
1.5 mi
Pop: 13,853
$135,057
Walk: 15.7
02111
1.5 mi
Pop: 8,067
$70,865
02133
1.5 mi
Pop: 80
Walk: 17.0
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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