BMIE Market 01940
Essex County, Massachusetts · ZCTA boundaries as of 2020
Profile
| Population (current estimate) | 13,285 2020–2024 ACS 5-year estimate ±89 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05 |
|---|---|
| Households | 4,650 2020–2024 ACS 5-year estimate ±214 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B11001_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Population, 2010 Census count | 12,108 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04 |
| Housing units | 4,729 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04 |
| Median household income | $173,214 2020–2024 ACS 5-year estimate ±23,903 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Median age | 41.9 2020–2024 ACS 5-year estimate ±2 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01002_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Median gross rent | $2,676 2020–2024 ACS 5-year estimate ±219 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25064_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Median home value | $905,400 2020–2024 ACS 5-year estimate ±28,740 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05 |
| Land area | 10.1 sq mi Census Gazetteer 2020 |
| Restaurants | 31 2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 01940 |
| Restaurants per 10,000 residents | 10.7 DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such |
| Restaurant growth, 5-year | +29.2% DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants |
| Restaurant growth, 10-year | +47.6% DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants |
| Restaurant growth, 20-year | +181.8% DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants |
| Restaurant growth, Longest on file | +244.4% DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants |
| Projected restaurants, 2028 | 34 (range 31–37) FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.9 per year, r² 0.82) · 80% range · confidence High · momentum, not a guarantee |
| Projected population, 5 years ahead | Needs more ACS years on file |
| BMIE Market Score | 79 / 100 MODELED · bmie_market_score v1 · confidence High · why? |
| Consumer Market Score | 84 / 100 MODELED · consumer_market_score v1 · confidence High · why? |
| Restaurant Opportunity Score | 70 / 100 MODELED · restaurant_opportunity_score v1 · confidence High · why? |
| Market Momentum Score | 83 / 100 MODELED · market_momentum_score v1 · confidence High · why? |
Map
Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.Trends
Historical lines are published counts. Dashed lines are derived: a least-squares trend through the last decade, extended as a FORECAST with its 80% range. Momentum, not a guarantee.
Restaurants by year, with trend and projection
ZIP Code Business Patterns, USPS ZIP 01940. Projection: linear trend v1, fitted 2013–2023, +0.9 restaurants per year, r² 0.82, confidence High.Growth index (first year on file = 100)
Each category relative to its own first published count. Full/limited split is unavailable under SIC (before 1998).Mix of the food-service market
Share of all food-service establishments. "Other" = snack bars, caterers, contractors, mobile.Population and restaurants per 10,000 residents
Population points: 2010 Census count and ACS 5-year estimates on file (more vintages load over time). Density uses the population point within two years of each restaurant count. Population projection appears once three or more ACS years are loaded.Restaurant growth vs. Massachusetts and U.S. averages
Averages are the mean growth across all ZCTAs with the figure (state n = 491, U.S. n = 24,852). DERIVED from ZIP Code Business Patterns.Why these scores?
Each score is a weighted average of national percentile ranks (0 = lowest of all ZCTAs with that figure, 100 = highest). Weights are set in the model registry, not in code, and every score carries its model version.
BMIE Market Score: 79 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| Consumer Market Score | 83.7 | 84 | 40% | +33.5 |
| Restaurant Opportunity Score | 69.8 | 70 | 35% | +24.4 |
| Market Momentum Score | 83.5 | 83 | 25% | +20.9 |
Consumer Market Score: 84 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| Population (ACS) | 13,285 | 75 | 40% | +29.9 |
| Median household income (ACS) | 173,214 | 98 | 40% | +39.2 |
| Households (ACS) | 4,650 | 73 | 20% | +14.6 |
Restaurant Opportunity Score: 70 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| 10-year restaurant growth | 47.6 | 80 | 35% | +27.9 |
| Restaurants per 10,000 residents (lower = more room) | 23.3 | 30 | 25% | +7.4 |
| Population (ACS) | 13,285 | 75 | 20% | +15.0 |
| Median household income (ACS) | 173,214 | 98 | 20% | +19.6 |
Market Momentum Score: 83 (High confidence)
| Component | Value | Rank | Weight | Adds |
|---|---|---|---|---|
| 5-year restaurant growth | 29.2 | 83 | 50% | +41.5 |
| 10-year restaurant growth | 47.6 | 80 | 30% | +23.9 |
| 20-year restaurant growth | 181.8 | 91 | 20% | +18.1 |
A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.
Restaurants on file (55)
By cuisine
Coffee 11 · American 7 · Pizza 6 · Bakery 4 · Healthy / salads / bowls 4 · Mexican 4 · Sandwiches 4 · Italian 3 · Asian 2 · Dessert 2 · Ice cream / frozen desserts 2 · Japanese 2 · Juice / smoothies 2 · Latin American (other) 2 · Mediterranean 2 · Seafood 2 · Sushi 2 · Tea / bubble tea 2 · BBQ 1 · Breakfast 1 · Burgers 1 · French 1 · Hawaiian / Pacific 1 · Spanish / tapas 1 · Steakhouse 1 · Vegetarian 1
By type
Restaurant (service type not stated) 36 · Café 9 · Coffee shop 8 · Bakery 6 · Bar 6 · Dessert 6 · Quick service 6 · Casual dining 5 · Fast casual 4 · Juice, smoothie, tea 4 · Specialty food shop 2
| Name | Type | Cuisine | Address | Status |
|---|---|---|---|---|
| 427 Walnut Street Llc | Restaurant (service type not stated) | 1250 Market St | open | |
| 99 Restaurants 99 Restaurants | Casual dining · Restaurant (service type not stated) · Bar | American | 317 Salem St | open |
| Alchemy Lynnfield | Restaurant (service type not stated) | American · Sushi · Japanese · Asian | 1100 Market St | open |
| Bali Hai | Restaurant (service type not stated) | Asian | 93 Moulton Dr | open |
| Boloco | Restaurant (service type not stated) | Mexican | 425 Market St | open |
| Burton's Grill & Bar Burtons Grill & Bar | Casual dining · Restaurant (service type not stated) · Bar | American | 1355 Market St | open |
| California Pizza Kitchen at MarketStreet Lynnfield | Restaurant (service type not stated) · Fast casual | Pizza · Healthy / salads / bowls | 1150 Market St | open |
| Callan Hospitality Inc. | Restaurant (service type not stated) | 200 Broadway Ste 204 | open | |
| CAVA CAVA | Restaurant (service type not stated) | Mediterranean | 335 Market Street | open |
| Centre Court Grille | Restaurant (service type not stated) · Casual dining | Pizza · American | 592 Main St | open |
| Chicken & The Pig | Restaurant (service type not stated) | BBQ · American | 525 Market St | open |
| Chipotle Mexican Grill Chipotle Mexican Grill | Quick service · Restaurant (service type not stated) | Mexican | 425 Market Street | open |
| Christine's Cafe & Confections | Café · Bakery | Coffee · Breakfast · Bakery | 618 Salem St | open |
| Commercial Candy Industries | Dessert | 200 Broadway Ste 207 | open | |
| Countryside Deli | Specialty food shop · Quick service | Sandwiches · American | 12 Salem St | open |
| DAVIDsTEA | Juice, smoothie, tea | Tea / bubble tea | 1140 Market St Unit 600 | open |
| Davio's Northern Italian Steakhouse Davio's Atlanta | Restaurant (service type not stated) | Steakhouse · Italian | 1250 Market St | open |
| Dunkin' Dunkin' | Coffee shop · Quick service · Dessert · Bakery | Coffee · Dessert | 8 Broadway | open |
| Dunkin' Dunkin' | Coffee shop · Quick service · Dessert · Bakery | Coffee · Dessert | 7 Post Office Sq | open |
| Fat Cactus Mexicali Cantina | Restaurant (service type not stated) | Mexican | 215 Broadway | open |
| Fugakyu | Restaurant (service type not stated) | Japanese · Sushi | 630 Market St | open |
| Gaslight Lynnfield | Casual dining · Restaurant (service type not stated) | French | 1100 Market St | open |
| IT'SUGAR IT'SUGAR | Dessert | 535 Market St | open | |
| J.P. Licks J.P. Licks | Dessert · Coffee shop · Café | Ice cream / frozen desserts · Coffee | 800 Market St | open |
| Karens Bakery | Bakery | Bakery | 6 Centre Ct | open |
| Kimball Cafe | Café · Restaurant (service type not stated) · Fast casual | Coffee · Healthy / salads / bowls | 6 Kimball Ln | open |
| Kings Dining & Entertainment | Restaurant (service type not stated) | 510 Market St | open | |
| La Gallina | Restaurant (service type not stated) | Mediterranean · Spanish / tapas | 1150 Market St | open |
| Legal C Bar Legal Sea Foods | Restaurant (service type not stated) · Bar | Seafood | 220 Market St | open |
| Loui's Pizza & Roast Beef | Restaurant (service type not stated) | Pizza · Sandwiches | 470 Broadway | open |
| Lynnfield house of pizza | Restaurant (service type not stated) | Pizza · Italian | 18 Post Office Sq | open |
| Lynnfield Meat & Deli | Specialty food shop · Quick service | Sandwiches | 445 Broadway | open |
| Moge Tee - Coming Soon | Juice, smoothie, tea | Tea / bubble tea | 678 Market St | open |
| Muse Paintbar | Bar | 1130 Market Street | open | |
| Naked Fish | Restaurant (service type not stated) | Seafood | 215 Broadway | open |
| Oola Bowls Lynnfield Oola Bowls Lebanon PA | Juice, smoothie, tea · Coffee shop · Café | Juice / smoothies · Coffee | 330 Market St | open |
| OTTO OTTO | Restaurant (service type not stated) | Pizza · Italian | 1210 Market St | open |
| Panera Bread Panera Bread | Bakery · Café | Bakery · Sandwiches · Coffee | 430 Market Street | open |
| Pinkberry Lynnfield | Dessert · Restaurant (service type not stated) | Ice cream / frozen desserts | 1215 Market St | open |
| Pizzeria Regina | Restaurant (service type not stated) | Pizza | 6 Kimball Ln Ste 210 | open |
| Sabroso Assembly Inc | Restaurant (service type not stated) | 600 Market St Ste 684 | open | |
| School Street Foods | Restaurant (service type not stated) | Latin American (other) | 618 Salem Street | open |
| Skull Cliff | Bar | open | ||
| SoBoL - Lynn SoBol Beverly | Juice, smoothie, tea · Coffee shop · Café | Juice / smoothies · Coffee | 919 Lynnfield St | open |
| Starbucks Starbucks | Café · Coffee shop · Bakery | Coffee · Bakery | 420 Market St | open |
| Starbucks Coffee Company Starbucks | Coffee shop · Restaurant (service type not stated) · Café | Coffee | 26 Broadway | open |
| Sweetgreen sweetgreen | Restaurant (service type not stated) · Fast casual | Healthy / salads / bowls · Vegetarian | 675 Market St | open |
| Temazcal Tequila Cantina Temazcal | Restaurant (service type not stated) | Mexican · Latin American (other) | 500 Market St | open |
| The Okipoke Lynnfield | Restaurant (service type not stated) · Fast casual | Hawaiian / Pacific · Healthy / salads / bowls | 1205 Market St | open |
| Wahlburgers | Restaurant (service type not stated) | Burgers | 930 Market St | open |
| WFM Coffee Bar Allegro Coffee Company | Coffee shop · Restaurant (service type not stated) · Quick service · Café | Coffee | 427 Walnut St | open |
| Yard House Yard House | Casual dining · Bar | American | 340 Market St Bldg 300 | open |
| Zo Assembly Inc | Restaurant (service type not stated) | 600 Market St Ste 684 | open | |
| Zo Truck, Inc | Restaurant (service type not stated) | 600 Market St Ste 684 | open | |
| Squeeze Juice Company | Juice, smoothie, tea | Juice / smoothies | 850 Market St | closed |
Restaurant establishments over time
| Year | All food service | Restaurants | Full-service | Limited-service | Snack & beverage | Bars | Industry codes |
|---|---|---|---|---|---|---|---|
| 1994 | 10 | 9 | — | — | — | 1 | SIC1987 |
| 1995 | 6 | 5 | — | — | — | 1 | SIC1987 |
| 1996 | 9 | 9 | — | — | — | — | SIC1987 |
| 1997 | 15 | 15 | — | — | — | — | SIC1987 |
| 1998 | 17 | 16 | 10 | 3 | 3 | 1 | NAICS1997 |
| 1999 | 17 | 16 | 10 | 3 | 3 | 1 | NAICS1997 |
| 2000 | 16 | 15 | 8 | 4 | 3 | 1 | NAICS1997 |
| 2001 | 13 | 13 | 7 | 4 | 2 | — | NAICS1997 |
| 2002 | 16 | 14 | 8 | 4 | 2 | 1 | NAICS1997 |
| 2003 | 14 | 11 | 7 | 3 | 1 | 1 | NAICS2002 |
| 2004 | 15 | 9 | 5 | 2 | 2 | 2 | NAICS2002 |
| 2005 | 17 | 11 | 7 | 2 | 2 | 1 | NAICS2002 |
| 2006 | 15 | 9 | 4 | 3 | 2 | 2 | NAICS2002 |
| 2007 | 12 | 9 | 6 | — | 3 | — | NAICS2002 |
| 2008 | 13 | 10 | 6 | 1 | 3 | 1 | NAICS2007 |
| 2009 | 14 | 13 | 9 | 2 | 2 | — | NAICS2007 |
| 2010 | 15 | 13 | 8 | 3 | 2 | — | NAICS2007 |
| 2011 | 14 | 12 | 7 | 3 | 2 | — | NAICS2007 |
| 2012 | 14 | 11 | 5 | 4 | 2 | — | NAICS2012 |
| 2013 | 24 | 21 | 8 | 9 | 4 | — | NAICS2012 |
| 2014 | 24 | 20 | 8 | 7 | 5 | — | NAICS2012 |
| 2015 | 28 | 24 | 10 | 9 | 5 | — | NAICS2012 |
| 2016 | 25 | 21 | 10 | 6 | 5 | — | NAICS2012 |
| 2017 | 28 | 24 | 13 | 7 | 4 | — | NAICS2017 |
| 2018 | 29 | 24 | 13 | 7 | 4 | — | NAICS2017 |
| 2019 | 27 | 24 | 13 | 7 | 4 | — | NAICS2017 |
| 2020 | 28 | 25 | 12 | 9 | 4 | — | NAICS2017 |
| 2021 | 30 | 27 | 13 | 9 | 5 | — | NAICS2017 |
| 2022 | 30 | 27 | 16 | 7 | 4 | — | NAICS2022 |
| 2023 | 34 | 31 | 14 | 13 | 4 | — | NAICS2022 |