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ZIP 02038 — Business Opportunities

Franklin, MA · Local economy intelligence
Population
32,777
Median income
$138,062
Median age
42.0
Households
12,131

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.

Full demographic profile

Population32,777
Households12,131
Median household income$138,062
Per capita income$61,841
Median age42.0
% bachelor's degree or higher55.607%
% age 18–3419.553%
% age 65+10.114%
% renter-occupied20.087%
Median home value$516,500
Median gross rent$1,792
Unemployment rate5.388%

Nearby ZIPs in MA

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

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