FranchiseBudget
Showing results for ZIP 02062 (MA)
Home ZIP 60062

Franchise Businesses Market: ZIP 60062

Opportunity Score
85 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60062 is an urban area with moderate foot traffic. with a population of 41,667 and household incomes well above the national median ($142,759).

Area Profile

41,667
Population
$142,759
Median Income
+91% vs. national
Urban
Area Type
11.1/20
Foot Traffic
Walkable
Median Age: 49.3 — older demographic, may prefer sit-down options.
College-Educated: 52.3% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 60062.

77
Business Consultants
18.5 per 10K residents
3
Small Business Lenders
0.7 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,370
2BR Fair Market Rent
$1,921
Median Gross Rent
$630 K
Median Home Value
21
Bank Branches
$7.3 M deposits

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits