Franchise Businesses Market: ZIP 48189
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48189 is an urban area with low foot traffic. with a population of 13,748 and household incomes above the national median ($82,433).
Area Profile
13,748
Population
$82,433
Median Income
+11% vs. national
Urban
Area Type
5.4/20
Foot Traffic
Very Car-Dependent
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 29.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,400
2BR Fair Market Rent
$1,228
Median Gross Rent
$290 K
Median Home Value
1
Bank Branches
$35 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
- Bank Branches
- 1
vs. National Average
Median Income
+11% vs. $74,580
Walkability
-5.1 pts vs. national avg
Nearby Markets
48139
3.5 mi
Pop: 81
$65,298
48143
5.8 mi
Pop: 145
48116
6.6 mi
Pop: 27,817
$109,606
Walk: 9.0
48105
8.2 mi
Pop: 36,959
$94,737
Walk: 12.1
48178
9.0 mi
Pop: 37,303
$130,781
Walk: 6.4
48130
9.3 mi
Pop: 16,849
$131,875
Walk: 4.6
48109
9.7 mi
Pop: 5,722
Walk: 14.6
48103
11.1 mi
Pop: 54,635
$115,513
Walk: 11.3
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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