Franchise Costs Near Milan, MI (48160)
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48160 is an urban area. 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
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.
$1,097
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$68 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 1
vs. National Average
Median Income
+33% 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