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BMIE Market 02464

Middlesex County, Massachusetts · ZCTA boundaries as of 2020

Profile

Population (current estimate)3,833
2020–2024 ACS 5-year estimate ±631 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households1,496
2020–2024 ACS 5-year estimate ±245 · 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 count2,953
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units1,287
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income$105,729
2020–2024 ACS 5-year estimate ±28,495 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age41.0
2020–2024 ACS 5-year estimate ±6 · 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$2,271
2020–2024 ACS 5-year estimate ±227 · 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$940,200
2020–2024 ACS 5-year estimate ±134,327 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area0.6 sq mi
Census Gazetteer 2020
Restaurants20
2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 02464
Restaurants per 10,000 residents40.6
DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year+5.3%
DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year+25.0%
DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year+66.7%
DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file+53.9%
DERIVED: 1998 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 202821 (range 18–24)
FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.2 per year, r² 0.14) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years aheadNeeds more ACS years on file
BMIE Market Score62 / 100
MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score68 / 100
MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score54 / 100
MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score66 / 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: 62 (High confidence)

ComponentValueRankWeightAdds
Consumer Market Score67.56840%+27.0
Restaurant Opportunity Score54.05435%+18.9
Market Momentum Score65.76625%+16.4
Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 68 (High confidence)

ComponentValueRankWeightAdds
Population (ACS)3,8335640%+22.5
Median household income (ACS)105,7298440%+33.8
Households (ACS)1,4965620%+11.2
Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 54 (High confidence)

ComponentValueRankWeightAdds
10-year restaurant growth256735%+23.6
Restaurants per 10,000 residents (lower = more room)52.2925%+2.3
Population (ACS)3,8335620%+11.2
Median household income (ACS)105,7298420%+16.9
Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 66 (High confidence)

ComponentValueRankWeightAdds
5-year restaurant growth5.36250%+30.8
10-year restaurant growth256730%+20.2
20-year restaurant growth66.77320%+14.7
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 (32)

By cuisine

American 10 · Coffee 6 · Bakery 5 · Dessert 3 · Pizza 3 · Burgers 2 · Chicken / wings 2 · Italian 2 · Mexican 2 · Sandwiches 2 · Asian 1 · British / Irish pub food 1 · Chinese 1 · Ice cream / frozen desserts 1 · Southwestern / Tex-Mex 1

By type

Restaurant (service type not stated) 19 · Bakery 5 · Dessert 5 · Quick service 5 · Café 4 · Coffee shop 4 · Bar 3 · Casual dining 3

NameTypeCuisineAddressStatus
Acapulco'sRestaurant (service type not stated)Mexican118 Needham Stopen
Bettina's BakeryBakery · Dessert · CaféBakery · Dessert · Coffee295 Elliot Stopen
Bob's Sub StopRestaurant (service type not stated)Sandwiches295 Elliot Stopen
BrickFire Pizza Co.Restaurant (service type not stated)Pizza · Italian1214 Chestnut Stopen
Chipotle Mexican Grill Chipotle Mexican GrillRestaurant (service type not stated)Mexican · Southwestern / Tex-Mex300 Needham Stopen
ChocolateDessertDessert188 Needham St Ste 155open
Dave's Hot ChickenQuick service · Restaurant (service type not stated)Chicken / wings141 Needham Stopen
Depot Bakery Cafe, Inc., TheRestaurant (service type not stated)1225 Chestnut Stopen
Dunkin' Dunkin'Coffee shop · Quick service · BakeryCoffee · Bakery138 Needham Stopen
Dunn-gaherin's Food And SpiritsBarBritish / Irish pub food344 Elliot Stopen
Echo Bridge Restaurant and CafeRestaurant (service type not stated) · CaféCoffee · American1068 Chestnut Stopen
Five Guys Five GuysQuick serviceBurgers · American215 Needham Streetopen
Frozen Falls Ice CreamDessert · Café · Restaurant (service type not stated) · Coffee shop · Casual diningIce cream / frozen desserts · Coffee · American1225 Chestnut Stopen
Jean and Lee KitchenRestaurant (service type not stated)Chinese · Asian108 Oak Stopen
Jimmy John'sQuick service · Restaurant (service type not stated)Sandwiches170 Needham Stopen
Jonathan's Bar and GrilleRestaurant (service type not stated)American215 Needham Stopen
McDonald's McDonald'sQuick serviceBurgers · American111 Needham Stopen
MickmorgansCasual dining · BarAmerican118 Needham Stopen
Neighborhood Restaurant GroupRestaurant (service type not stated)American1215 Chestnut Stopen
New England Soup FactoryRestaurant (service type not stated)American244 Needham Stopen
Nothing Bundt Cakes Nothing Bundt CakesBakery · DessertBakery · Dessert170 Needham Stopen
Papa Gino'sRestaurant (service type not stated)Pizza188 Needham Stopen
Starbucks StarbucksCoffee shop · Café · BakeryCoffee · Bakery244 Needham St Brickstone Shopsopen
StarbucksCoffee shopCoffee1154 Boylston Stopen
Stratex Management IncRestaurant (service type not stated)233 Needham St Ste 300open
Super Dough Pizza CoRestaurant (service type not stated)Pizza · Italian150 Needham Stopen
The Bagel PlaceBakeryBakery300 Needham Stopen
The Biltmore Bar & GrilleCasual dining · Restaurant (service type not stated) · BarAmerican1205 Chestnut Stopen
The Modern RotisserieRestaurant (service type not stated)Chicken / wings · American244 Needham Stopen
Truffles Fine ConfectionsDessert2 Hale Stopen
Wineman Associates, LlcRestaurant (service type not stated)62 Pettee Stopen
Good Nu HospitalityRestaurant (service type not stated)1215 Chestnut Stclosed
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
19981413742—NAICS1997
19991615753—NAICS1997
20001412543—NAICS1997
20011311632—NAICS1997
20022018972—NAICS1997
2003131284——NAICS2002
20041615861—NAICS2002
20051615861—NAICS2002
20061514761—NAICS2002
20071212552—NAICS2002
20081313562—NAICS2007
20091212372—NAICS2007
20101212372—NAICS2007
20111111362—NAICS2007
20121515573—NAICS2012
20131616763—NAICS2012
20141717773—NAICS2012
20151818873—NAICS2012
20161919784—NAICS2012
20172121894—NAICS2017
20181919874—NAICS2017
20192020884—NAICS2017
20201817773—NAICS2017
20211918864—NAICS2017
20222018855—NAICS2022
202322201055—NAICS2022
U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 02464. 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
024610.7 mi152023
024941.1 mi172023
024681.3 mi32023
024591.4 mi522023
024622.3 mi32023
024652.6 mi172023
024662.7 mi72023
024602.7 mi192023
024922.8 mi412023
024572.9 mi—
024813.0 mi272023
024583.2 mi262023
Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.