Franchise Businesses Market: ZIP 48023
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48023 is an urban area with low foot traffic. with a population of 4,980 and household incomes above the national median ($79,345).
Area Profile
4,980
Population
$79,345
Median Income
+6% vs. national
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Median Age: 45.1 —
older demographic, may prefer sit-down options.
College-Educated: 16.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,430
2BR Fair Market Rent
$1,277
Median Gross Rent
$240 K
Median Home Value
1
Bank Branches
$94 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+6% vs. $74,580
Walkability
-4.7 pts vs. national avg
Nearby Markets
48064
4.2 mi
Pop: 3,996
$79,375
Walk: 4.7
48001
7.0 mi
Pop: 11,502
$64,538
Walk: 6.4
48039
7.8 mi
Pop: 7,466
$76,304
Walk: 7.0
48047
8.2 mi
Pop: 39,825
$95,381
Walk: 6.9
48028
9.1 mi
Pop: 1,058
$106,765
Walk: 4.4
48048
9.9 mi
Pop: 11,065
$68,990
48054
10.1 mi
Pop: 7,200
$76,992
Walk: 4.0
48063
10.8 mi
Pop: 4,106
$91,591
Walk: 3.3
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits