Franchise Businesses Market: ZIP 02476
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02476 is an urban area with moderate foot traffic. with a population of 17,732 and household incomes well above the national median ($145,150).
Area Profile
17,732
Population
$145,150
Median Income
+95% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Car-Dependent
Median Age: 45.8 —
older demographic, may prefer sit-down options.
College-Educated: 56.0% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 02476.
7
Business Consultants
3.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,823
Median Gross Rent
$880 K
Median Home Value
9
Bank Branches
$1.8 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.
- The median income here is $145,150. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 9
vs. National Average
Median Income
+95% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
02474
1.2 mi
Pop: 28,283
$139,199
Walk: 14.4
02478
1.5 mi
Pop: 26,966
$177,790
Walk: 14.4
02140
3.2 mi
Pop: 21,361
$136,382
Walk: 16.3
01890
3.2 mi
Pop: 22,862
$218,176
Walk: 12.6
02472
3.3 mi
Pop: 35,317
$123,383
Walk: 14.9
02452
3.5 mi
Pop: 16,173
$112,902
Walk: 12.2
02144
3.7 mi
Pop: 25,009
$140,591
Walk: 16.8
02138
3.7 mi
Pop: 38,077
$122,040
Walk: 15.7
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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