Franchise Businesses Market: ZIP 02718
Opportunity Score
94
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02718 is an urban area. with a population of 7,125 and household incomes well above the national median ($107,570).
Area Profile
7,125
Population
$107,570
Median Income
+44% vs. national
Urban
Area Type
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 18.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,250
2BR Fair Market Rent
$1,683
Median Gross Rent
$440 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 $107,570. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+44% vs. $74,580
Nearby Markets
02347
4.3 mi
Pop: 11,732
$126,182
Walk: 6.7
02779
4.9 mi
Pop: 6,789
$123,877
Walk: 5.2
02767
6.0 mi
Pop: 15,337
$119,550
Walk: 8.1
02702
6.3 mi
Pop: 4,445
$145,324
02717
7.4 mi
Pop: 4,777
$143,281
Walk: 4.0
02324
7.9 mi
Pop: 26,022
$112,445
Walk: 4.6
02780
8.0 mi
Pop: 52,530
$75,054
Walk: 10.5
02325
9.4 mi
Pop: 2,647
Walk: 8.3
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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