Franchise Businesses Market: ZIP 02881
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02881 is an urban area with low foot traffic.
Area Profile
7,183
Population
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 19.8 —
young market, strong street food demand.
College-Educated: 15.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,880
2BR Fair Market Rent
$1,368
Median Gross Rent
$480 K
Median Home Value
Tips for Starting a Franchise Business in Rhode Island
- 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
- Car-Dependent
vs. National Average
Walkability
-2.8 pts vs. national avg
Nearby Markets
02879
3.8 mi
Pop: 22,628
$115,848
Walk: 8.7
02874
4.0 mi
Pop: 6,715
$155,099
Walk: 8.7
02892
5.3 mi
Pop: 5,704
$143,534
Walk: 9.1
02882
5.9 mi
Pop: 12,984
$95,794
Walk: 12.5
02836
6.8 mi
Pop: 47
02822
7.7 mi
Pop: 6,139
$87,185
02875
7.8 mi
Pop: 206
$88,469
02852
8.6 mi
Pop: 23,269
$112,457
Walk: 9.2
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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