Franchise Businesses Market: ZIP 48049
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48049 is an urban area with low foot traffic. with a population of 5,485 and household incomes above the national median ($86,250).
Area Profile
5,485
Population
$86,250
Median Income
+16% vs. national
Urban
Area Type
3.1/20
Foot Traffic
Very Car-Dependent
Median Age: 47.2 —
older demographic, may prefer sit-down options.
College-Educated: 17.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$1,075
Median Gross Rent
$230 K
Median Home Value
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+16% vs. $74,580
Walkability
-7.4 pts vs. national avg
Nearby Markets
48074
6.3 mi
Pop: 9,617
$69,600
Walk: 5.2
48032
6.6 mi
Pop: 1,834
$89,000
Walk: 3.1
48059
6.6 mi
Pop: 15,371
$78,841
Walk: 5.9
48060
8.7 mi
Pop: 39,502
$51,342
Walk: 8.2
48006
8.8 mi
Pop: 3,891
$70,451
Walk: 2.0
48027
10.8 mi
Pop: 3,182
$84,939
Walk: 3.1
48040
10.9 mi
Pop: 9,942
$69,661
Walk: 9.9
48079
12.6 mi
Pop: 12,683
$80,313
Walk: 6.1
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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