BMIE Market 04347

Kennebec County, Maine · ZCTA boundaries as of 2020

Profile

Population (current estimate)	2,592 2020–2024 ACS 5-year estimate ±22 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households	1,289 2020–2024 ACS 5-year estimate ±130 · 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	2,355 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units	1,317 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income	$68,398 2020–2024 ACS 5-year estimate ±9,751 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age	50.3 2020–2024 ACS 5-year estimate ±8 · 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	$890 2020–2024 ACS 5-year estimate ±175 · 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	$295,300 2020–2024 ACS 5-year estimate ±45,181 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area	5.9 sq mi Census Gazetteer 2020
Restaurants	17 2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 04347
Restaurants per 10,000 residents	42.5 DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year	+54.6% DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year	+88.9% DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year	+142.9% DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file	+142.9% DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 2028	19 (range 15–22) FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.6 per year, r² 0.61) · 80% range · confidence Medium · momentum, not a guarantee
Projected population, 5 years ahead	Needs more ACS years on file
BMIE Market Score	60 / 100 MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score	48 / 100 MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score	52 / 100 MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score	90 / 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 04347. Projection: linear trend v1, fitted 2013–2023, +0.6 restaurants per year, r² 0.61, confidence Medium.

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. Maine and U.S. averages

Averages are the mean growth across all ZCTAs with the figure (state n = 301, 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: 60 (High confidence)

Component	Value	Rank	Weight	Adds
Consumer Market Score	48.4	48	40%	+19.4
Restaurant Opportunity Score	51.9	52	35%	+18.2
Market Momentum Score	90.5	90	25%	+22.6

Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 48 (High confidence)

Component	Value	Rank	Weight	Adds
Population (ACS)	2,592	50	40%	+19.8
Median household income (ACS)	68,398	44	40%	+17.8
Households (ACS)	1,289	54	20%	+10.8

Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 52 (High confidence)

Component	Value	Rank	Weight	Adds
10-year restaurant growth	88.9	90	35%	+31.4
Restaurants per 10,000 residents (lower = more room)	65.6	7	25%	+1.7
Population (ACS)	2,592	50	20%	+9.9
Median household income (ACS)	68,398	44	20%	+8.9

Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 90 (High confidence)

Component	Value	Rank	Weight	Adds
5-year restaurant growth	54.6	92	50%	+46.0
10-year restaurant growth	88.9	90	30%	+26.9
20-year restaurant growth	142.9	88	20%	+17.6

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 (27)

By cuisine

Coffee 6 · American 5 · Bakery 3 · Pizza 3 · Dessert 2 · European 2 · French 2 · Ice cream / frozen desserts 2 · Seafood 2 · Asian 1 · Burgers 1 · Chinese 1 · Hot dogs 1 · Indian 1 · Italian 1 · Juice / smoothies 1 · Sandwiches 1 · Thai 1

By type

Restaurant (service type not stated) 12 · Bar 6 · Casual dining 5 · Bakery 4 · Café 4 · Coffee shop 4 · Dessert 3 · Brewery / taproom 1 · Buffet 1 · Juice, smoothie, tea 1

Name	Type	Cuisine	Address	Status
Belle Boulangerie	Bakery	Bakery · French · European	156 Water St	open
Bistro Milliard	Restaurant (service type not stated)	French · European	167 Water St	open
Bolley's Famous Franks	Restaurant (service type not stated)	Hot dogs · Sandwiches · American	38 Water St	open
Burano's Wood-Fired Pizzeria Burano's Wood-Fired Pizzeria of Bath	Restaurant (service type not stated)	Pizza · Italian · Burgers	192 Water St	open
Café De Bangkok	Café	Thai · Coffee · Asian	232 Water St	open
Dairy Queen	Dessert	Ice cream / frozen desserts	2 Water St	open
Desi Kitchen	Restaurant (service type not stated)	Indian	103 Water St	open
Downtown Hallowell	Bar			open
Easy Street Lounge	Bar		7 Front St	open
Hallowell House of Pizza	Restaurant (service type not stated)	Pizza	108 Water St	open
Hattie's Chowder House	Restaurant (service type not stated)	Seafood	103 Water St.	open
Ice Inc	Coffee shop	Coffee	377 Central St	open
Joyce's	Restaurant (service type not stated)	Seafood	192 Water St	open
Juiced	Juice, smoothie, tea	Juice / smoothies	130 Water St	open
Lately's	Bakery · Casual dining	Pizza · Bakery · American	108 Water St	open
Lucky Garden	Buffet	Chinese	218 Water St	open
Nellie's Kitchen	Restaurant (service type not stated) · Casual dining · Café	American · Coffee	1 Stevens St	open
Shivam Kumar • Rockstar Real Estate	Coffee shop · Dessert · Café · Bakery	Coffee · Dessert		open
Slate's	Bakery · Restaurant (service type not stated)	Bakery · American	161-165 Water St	open
The Liberal Cup	Brewery / taproom · Casual dining · Bar		115 Water St #1	open
The Local Scoop	Dessert · Restaurant (service type not stated)	Ice cream / frozen desserts · Dessert	176 Water St	open
The Maine House	Bar · Restaurant (service type not stated)		119 Water St	open
The Quarry Tap Room	Casual dining · Bar		122 Water St	open
Town Line Sports Grille	Restaurant (service type not stated) · Casual dining · Bar	American	215 Whitten Rd	open
Traverse Coffee	Coffee shop	Coffee	140 Water St	open
Wrapped Up Coffee House - Hallowell	Coffee shop · Café	Coffee	140 Water St	open
Scrummy Afters Candy Shoppe	Quick service		136 water street	closed

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

Year	All food service	Restaurants	Full-service	Limited-service	Snack & beverage	Bars	Industry codes
1994	8	7	—	—	—	1	SIC1987
1995	7	6	—	—	—	1	SIC1987
1996	9	8	—	—	—	1	SIC1987
1997	11	10	—	—	—	1	SIC1987
1998	11	9	7	—	2	1	NAICS1997
1999	11	9	6	1	2	1	NAICS1997
2000	12	9	6	1	2	2	NAICS1997
2001	12	9	5	3	1	2	NAICS1997
2002	12	9	6	1	2	3	NAICS1997
2003	9	7	5	—	2	2	NAICS2002
2004	11	9	6	1	2	2	NAICS2002
2005	10	8	6	—	2	2	NAICS2002
2006	9	7	5	—	2	2	NAICS2002
2007	11	9	6	2	1	2	NAICS2002
2008	11	9	7	1	1	2	NAICS2007
2009	11	9	7	1	1	2	NAICS2007
2010	13	10	8	1	1	3	NAICS2007
2011	14	10	8	1	1	3	NAICS2007
2012	13	9	7	1	1	3	NAICS2012
2013	13	9	7	1	1	3	NAICS2012
2014	14	11	7	2	2	2	NAICS2012
2015	13	11	7	2	2	1	NAICS2012
2016	15	12	8	2	2	2	NAICS2012
2017	15	12	8	3	—	—	NAICS2017
2018	12	11	7	3	—	—	NAICS2017
2019	13	12	8	—	—	—	NAICS2017
2020	11	10	7	—	—	—	NAICS2017
2021	14	13	7	4	—	—	NAICS2017
2022	17	16	9	4	3	—	NAICS2022
2023	18	17	10	3	4	—	NAICS2022

U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 04347. 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)

ZCTA	Distance	Restaurants	Year
04344	1.9 mi	4	2023
04351	4.4 mi	3	2023
04346	4.8 mi	3	2023

Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.