Franchise Businesses Market: ZIP 02715
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02715 is an urban area. with a population of 3,778 and household incomes well above the national median ($137,500).
Area Profile
3,778
Population
$137,500
Median Income
+84% vs. national
Urban
Area Type
Median Age: 48.5 —
older demographic, may prefer sit-down options.
College-Educated: 29.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,349
Median Gross Rent
$480 K
Median Home Value
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 $137,500. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+84% vs. $74,580
Nearby Markets
02764
3.2 mi
Pop: 4,344
$140,135
Walk: 6.3
02726
3.3 mi
Pop: 15,946
$110,427
Walk: 10.1
02777
5.1 mi
Pop: 17,231
$116,627
Walk: 8.6
02779
6.0 mi
Pop: 6,789
$123,877
Walk: 5.2
02720
6.3 mi
Pop: 31,063
$62,907
Walk: 14.5
02725
6.3 mi
Pop: 2,300
$127,228
02769
6.7 mi
Pop: 12,809
$126,161
Walk: 6.1
02702
7.0 mi
Pop: 4,445
$145,324
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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