Franchise Businesses Market: ZIP 48160
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48160 is an urban area with low foot traffic. with a population of 14,308 and household incomes above the national median ($99,383).
Area Profile
14,308
Population
$99,383
Median Income
+33% vs. national
Urban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 40.5 —
older demographic, may prefer sit-down options.
College-Educated: 21.7% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 48160.
3
Business Consultants
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,420
2BR Fair Market Rent
$1,097
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$68 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 1
vs. National Average
Median Income
+33% vs. $74,580
Walkability
-1.4 pts vs. national avg
Nearby Markets
48190
6.3 mi
Pop: 108
$74,732
48131
8.0 mi
Pop: 8,306
$81,386
48197
8.2 mi
Pop: 65,911
$70,913
Walk: 9.8
48191
8.3 mi
Pop: 4,253
$98,106
Walk: 2.8
48159
9.9 mi
Pop: 2,637
$69,191
48108
10.3 mi
Pop: 27,472
$80,425
Walk: 12.7
48176
11.0 mi
Pop: 23,325
$110,987
Walk: 7.2
49229
11.9 mi
Pop: 3,538
$92,150
Walk: 5.8
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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