ZIP 02038 — Business Opportunities

Top business opportunities in 02038

The highest-scored business categories to consider opening in Franklin, MA, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Jewelry & Accessories 100/100
   ~3.2 businesses underserved · confidence: high
2. 2. Childcare 99/100
   ~3.6 businesses underserved · confidence: high
3. 3. Furniture & Home Decor 94/100
   ~3.0 businesses underserved · confidence: high
4. 4. Electronics 87/100
   ~2.0 businesses underserved · confidence: low
5. 5. Electronics Repair 86/100
   ~2.0 businesses underserved · confidence: low
6. 6. Clothing & Apparel 84/100
   ~5.8 businesses underserved · confidence: high
7. 7. Fitness Station 81/100
   ~3.2 businesses underserved · confidence: high
8. 8. Toys & Games 79/100
   ~2.3 businesses underserved · confidence: high
9. 9. Dancing School 79/100
   ~3.3 businesses underserved · confidence: high
10. 10. Music School 79/100
    ~2.5 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 02038.

• Restaurants — 14 businesses
• Nature Reserve — 14 businesses
• Schools — 13 businesses
• Religious — 10 businesses
• Fast Food — 8 businesses
• Park — 7 businesses
• Convenience Stores — 5 businesses
• Parking — 5 businesses
• Grocery & Supermarkets — 3 businesses
• Gas Stations — 3 businesses
• Cafes & Coffee Shops — 3 businesses
• Pharmacies — 3 businesses
• Hotels & Lodging — 3 businesses
• Fire Station — 2 businesses
• Chemist — 2 businesses

Full demographic profile

Population	32,777
Households	12,131
Median household income	$138,062
Per capita income	$61,841
Median age	42.0
% bachelor's degree or higher	55.607%
% age 18–34	19.553%
% age 65+	10.114%
% renter-occupied	20.087%
Median home value	$516,500
Median gross rent	$1,792
Unemployment rate	5.388%

Nearby ZIPs in MA

01952 Salisbury · 01951 Newbury · 01950 Newburyport · 01949 Middleton · 01945 Marblehead · 01944 Manchester