Franchise Businesses Market: ZIP 48216
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48216 is an urban area with moderate foot traffic. with a population of 5,681 and household incomes below the national median ($42,278).
Area Profile
5,681
Population
$42,278
Median Income
-43% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 33.5 —
mixed-age market, broad menu appeal.
College-Educated: 25.2% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 48216.
3
Business Consultants
5.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$860
Median Gross Rent
$230 K
Median Home Value
3
Bank Branches
$220 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
-43% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
48233
1.1 mi
Pop: 0
Walk: 16.5
48208
1.8 mi
Pop: 7,904
$29,742
Walk: 14.2
48201
1.9 mi
Pop: 14,327
$24,392
Walk: 14.5
48226
2.0 mi
Pop: 6,893
$69,813
Walk: 18.0
48243
2.8 mi
Pop: 0
Walk: 19.0
48209
3.0 mi
Pop: 27,534
$42,152
Walk: 13.1
48202
3.3 mi
Pop: 14,792
$36,536
Walk: 13.4
48210
3.5 mi
Pop: 26,925
$38,900
Walk: 12.4
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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