Franchise Businesses Market: ZIP 48042
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48042 is an urban area with low foot traffic. with a population of 33,303 and household incomes well above the national median ($125,433).
Area Profile
33,303
Population
$125,433
Median Income
+68% vs. national
Urban
Area Type
5.5/20
Foot Traffic
Very Car-Dependent
Median Age: 42.4 —
older demographic, may prefer sit-down options.
College-Educated: 26.5% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 48042.
5
Business Consultants
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,660
2BR Fair Market Rent
$1,569
Median Gross Rent
$370 K
Median Home Value
3
Bank Branches
$300 K deposits
Tips for Starting a Franchise Business in Michigan
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- The median income here is $125,433. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 3
vs. National Average
Median Income
+68% vs. $74,580
Walkability
-5.0 pts vs. national avg
Nearby Markets
48044
2.7 mi
Pop: 58,631
$115,664
Walk: 7.7
48096
5.5 mi
Pop: 3,779
$112,311
Walk: 5.1
48051
5.8 mi
Pop: 17,716
$89,923
Walk: 6.2
48038
5.9 mi
Pop: 44,250
$78,684
Walk: 8.3
48036
6.0 mi
Pop: 22,160
$65,109
Walk: 7.8
48315
6.1 mi
Pop: 28,428
$99,512
Walk: 8.0
48043
6.2 mi
Pop: 15,503
$57,315
Walk: 7.9
48313
8.4 mi
Pop: 33,850
$87,292
Walk: 7.0
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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