Franchise Costs Near Royal Oak, MI (48067)
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48067 is an urban area. with a population of 24,496 and household incomes well above the national median ($107,355).
Area Profile
24,496
Population
$107,355
Median Income
+44% vs. national
Urban
Area Type
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 52.1% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 48067.
16
Business Consultants
6.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,435
Median Gross Rent
$310 K
Median Home Value
6
Bank Branches
$620 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 16
- Bank Branches
- 6
vs. National Average
Median Income
+44% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits