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BMIE Market 02462

Middlesex County, Massachusetts · ZCTA boundaries as of 2020

Profile

Population (current estimate)1,470
2020–2024 ACS 5-year estimate ±283 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households515
2020–2024 ACS 5-year estimate ±93 · 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 count1,554
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units668
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income$216,339
2020–2024 ACS 5-year estimate ±118,342 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age50.7
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 rentData source not yet connected
Median home value$1,210,700
2020–2024 ACS 5-year estimate ±95,299 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area0.7 sq mi
Census Gazetteer 2020
Restaurants3
2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 02462
Restaurants per 10,000 residents19.3
DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year+0.0%
DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year+0.0%
DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year+50.0%
DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file+200.0%
DERIVED: 1998 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 20283 (range 1–4)
FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.0 per year, r² 0.09) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years aheadNeeds more ACS years on file
BMIE Market Score53 / 100
MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score63 / 100
MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score49 / 100
MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score44 / 100
MODELED · market_momentum_score v1 · confidence High · why?

Map

Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.

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: 53 (High confidence)

ComponentValueRankWeightAdds
Consumer Market Score62.86340%+25.1
Restaurant Opportunity Score494935%+17.2
Market Momentum Score44.44425%+11.1
Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 63 (High confidence)

ComponentValueRankWeightAdds
Population (ACS)1,4703940%+15.6
Median household income (ACS)216,3399940%+39.7
Households (ACS)5153720%+7.4
Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 49 (High confidence)

ComponentValueRankWeightAdds
10-year restaurant growth03535%+12.3
Restaurants per 10,000 residents (lower = more room)20.43625%+9.1
Population (ACS)1,4703920%+7.8
Median household income (ACS)216,3399920%+19.9
Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 44 (High confidence)

ComponentValueRankWeightAdds
5-year restaurant growth04250%+20.9
10-year restaurant growth03530%+10.5
20-year restaurant growth506520%+13.0
Restaurant-count growth only until population and income growth series exist.

A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.

Restaurants on file (4)

By cuisine

Bakery 2 · Burgers 1 · Coffee 1 · Dessert 1 · Steakhouse 1

By type

Restaurant (service type not stated) 3 · Bakery 2 · Café 1 · Coffee shop 1 · Dessert 1 · Quick service 1

NameTypeCuisineAddressStatus
BOKX 109 American PrimeRestaurant (service type not stated)Steakhouse399 Grove Stopen
Culinary Fight ClubRestaurant (service type not stated)339 Grove Stopen
McDonald's McDonald'sQuick service · Bakery · Restaurant (service type not stated) · DessertDessert · Burgers · BakeryI-95 / Rte 128 South (Service Plaza)open
Starbucks StarbucksCoffee shop · Café · BakeryCoffee · Bakery2322 Washington Stopen
Listings: Overture Maps Places (CDLA-Permissive-2.0), matched into the BMIE restaurant master. Census establishment counts and listing counts differ by definition (Census counts employer establishments in the reference week; listings are places currently mapped).

Restaurant establishments over time

YearAll food serviceRestaurantsFull-serviceLimited-serviceSnack & beverageBarsIndustry codes
1998111NAICS1997
1999111NAICS1997
2000111NAICS1997
2001111NAICS1997
2002211NAICS1997
20033211NAICS2002
20043211NAICS2002
20053211NAICS2002
20063211NAICS2002
20073211NAICS2002
20085422NAICS2007
20095422NAICS2007
20104321NAICS2007
20114321NAICS2007
20123211NAICS2012
201343111NAICS2012
201443111NAICS2012
201543111NAICS2012
201643111NAICS2012
201743NAICS2017
201843NAICS2017
201943NAICS2017
202043NAICS2017
202144NAICS2017
202233NAICS2022
202333NAICS2022
U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 02462. Categories are BMIE roll-ups of the published SIC/NAICS codes (full vs limited service is not split under SIC). More years load in stages.

Nearby markets (within 5 miles)

ZCTADistanceRestaurantsYear
024661.0 mi72023
024681.3 mi32023
024811.8 mi272023
024651.9 mi172023
024642.3 mi202023
024572.5 mi
024942.6 mi172023
024532.7 mi692023
024612.7 mi152023
024602.8 mi192023
024933.1 mi72023
024823.4 mi302023
Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.