Franchise Businesses Market: ZIP 48167
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48167 is an urban area with low foot traffic. with a population of 23,281 and household incomes well above the national median ($118,378).
Area Profile
23,281
Population
$118,378
Median Income
+59% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 45.1 —
older demographic, may prefer sit-down options.
College-Educated: 43.7% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 48167.
18
Business Consultants
7.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,820
2BR Fair Market Rent
$1,580
Median Gross Rent
$430 K
Median Home Value
8
Bank Branches
$1.2 M 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.
- The median income here is $118,378. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 18
- Bank Branches
- 8
vs. National Average
Median Income
+59% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
48168
2.2 mi
Pop: 25,039
$173,671
Walk: 9.7
48374
2.9 mi
Pop: 17,828
$185,203
Walk: 6.7
48170
4.5 mi
Pop: 40,573
$109,442
Walk: 8.8
48375
4.8 mi
Pop: 23,927
$112,978
Walk: 7.7
48377
6.1 mi
Pop: 19,775
$83,368
Walk: 8.7
48393
6.3 mi
Pop: 20,098
$67,194
Walk: 6.8
48187
7.9 mi
Pop: 52,710
$117,980
Walk: 8.3
48165
7.9 mi
Pop: 9,141
$105,511
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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