Franchise Businesses Market: ZIP 48138
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48138 is an urban area with low foot traffic. with a population of 10,603 and household incomes well above the national median ($124,934).
Area Profile
10,603
Population
$124,934
Median Income
+68% vs. national
Urban
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 51.0 —
older demographic, may prefer sit-down options.
College-Educated: 36.8% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 48138.
3
Business Consultants
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,640
2BR Fair Market Rent
$1,388
Median Gross Rent
$340 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 $124,934. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+68% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
48183
4.3 mi
Pop: 41,863
$82,020
Walk: 7.6
48193
4.8 mi
Pop: 16,485
$72,894
Walk: 7.7
48192
5.5 mi
Pop: 24,593
$67,846
Walk: 8.5
48173
5.6 mi
Pop: 12,984
$90,510
Walk: 6.5
48195
6.1 mi
Pop: 29,551
$64,635
Walk: 8.9
48146
7.9 mi
Pop: 39,511
$57,183
Walk: 9.1
48229
8.2 mi
Pop: 9,166
$45,148
Walk: 7.7
48179
9.6 mi
Pop: 3,353
$78,750
Walk: 4.2
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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