Franchise Businesses Market: ZIP 48192
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48192 is an urban area with low foot traffic. with a population of 24,593 and household incomes near the national median ($67,846).
Area Profile
24,593
Population
$67,846
Median Income
-9% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 40.7 —
older demographic, may prefer sit-down options.
College-Educated: 15.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$995
Median Gross Rent
$160 K
Median Home Value
2
Bank Branches
$300 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
- Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-9% vs. $74,580
Walkability
-2.0 pts vs. national avg
Nearby Markets
48146
2.8 mi
Pop: 39,511
$57,183
Walk: 9.1
48229
2.9 mi
Pop: 9,166
$45,148
Walk: 7.7
48195
3.4 mi
Pop: 29,551
$64,635
Walk: 8.9
48193
4.5 mi
Pop: 16,485
$72,894
Walk: 7.7
48218
4.5 mi
Pop: 7,096
$32,683
Walk: 11.2
48217
4.6 mi
Pop: 6,437
$46,671
Walk: 11.7
48101
5.0 mi
Pop: 28,128
$80,045
Walk: 7.9
48122
5.0 mi
Pop: 12,605
$41,356
Walk: 9.0
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