Franchise Businesses Market: ZIP 48096
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48096 is an urban area with low foot traffic. with a population of 3,779 and household incomes well above the national median ($112,311).
Area Profile
3,779
Population
$112,311
Median Income
+51% vs. national
Urban
Area Type
5.1/20
Foot Traffic
Very Car-Dependent
Median Age: 48.5 —
older demographic, may prefer sit-down options.
College-Educated: 18.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$1,083
Median Gross Rent
$380 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.
- The median income here is $112,311. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+51% vs. $74,580
Walkability
-5.4 pts vs. national avg
Nearby Markets
48042
5.5 mi
Pop: 33,303
$125,433
Walk: 5.5
48005
6.5 mi
Pop: 5,315
$110,946
Walk: 6.1
48044
7.7 mi
Pop: 58,631
$115,664
Walk: 7.7
48315
8.2 mi
Pop: 28,428
$99,512
Walk: 8.0
48051
8.2 mi
Pop: 17,716
$89,923
Walk: 6.2
48050
8.5 mi
Pop: 1,290
$88,804
48048
8.6 mi
Pop: 11,065
$68,990
48095
8.9 mi
Pop: 5,682
$121,713
Walk: 6.4
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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