Franchise Costs Near Romulus, MI (48174)
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48174 is an urban area. with a population of 31,809 and household incomes near the national median ($65,675).
Area Profile
31,809
Population
$65,675
Median Income
-12% vs. national
Urban
Area Type
Median Age: 38.0 —
mixed-age market, broad menu appeal.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 48174.
3
Business Consultants
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,053
Median Gross Rent
$150 K
Median Home Value
1
Bank Branches
$65 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
-12% 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