Franchise Businesses Market: ZIP 02766
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02766 is an urban area with low foot traffic. with a population of 19,155 and household incomes well above the national median ($127,404).
Area Profile
19,155
Population
$127,404
Median Income
+71% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 30.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,730
2BR Fair Market Rent
$1,986
Median Gross Rent
$480 K
Median Home Value
3
Bank Branches
$280 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 $127,404. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
+71% vs. $74,580
Walkability
-2.8 pts vs. national avg
Nearby Markets
02048
4.3 mi
Pop: 23,855
$131,409
Walk: 7.9
02780
5.8 mi
Pop: 52,530
$75,054
Walk: 10.5
02375
7.7 mi
Pop: 11,205
$117,717
Walk: 7.2
02356
7.8 mi
Pop: 12,547
$124,719
02035
8.0 mi
Pop: 18,516
$108,559
Walk: 6.9
02703
8.1 mi
Pop: 46,479
$93,352
Walk: 10.9
02764
8.1 mi
Pop: 4,344
$140,135
Walk: 6.3
02763
8.7 mi
Pop: 1,764
$109,970
Walk: 13.0
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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