Franchise Businesses Market: ZIP 02719
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02719 is an urban area with moderate foot traffic. with a population of 15,878 and household incomes above the national median ($92,500).
Area Profile
15,878
Population
$92,500
Median Income
+24% vs. national
Urban
Area Type
11.2/20
Foot Traffic
Walkable
Median Age: 50.0 —
older demographic, may prefer sit-down options.
College-Educated: 23.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,420
2BR Fair Market Rent
$1,071
Median Gross Rent
$410 K
Median Home Value
6
Bank Branches
$740 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 6
vs. National Average
Median Income
+24% vs. $74,580
Walkability
+0.7 pts vs. national avg
Nearby Markets
02744
3.5 mi
Pop: 12,549
$54,841
Walk: 14.7
02739
4.4 mi
Pop: 6,563
$117,308
Walk: 8.1
02740
4.6 mi
Pop: 46,336
$54,563
Walk: 15.1
02743
5.6 mi
Pop: 10,476
$90,683
Walk: 9.2
02746
5.7 mi
Pop: 16,791
$41,023
Walk: 15.4
02745
7.1 mi
Pop: 25,013
$73,154
Walk: 11.0
02748
8.9 mi
Pop: 11,501
$105,455
Walk: 11.4
02770
9.1 mi
Pop: 5,716
$119,164
Walk: 5.5
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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