Franchise Costs Near Detroit, MI (48224)
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48224 is an urban area. with a population of 38,771 and household incomes below the national median ($42,963).
Area Profile
38,771
Population
$42,963
Median Income
-42% vs. national
Urban
Area Type
Median Age: 32.6 —
mixed-age market, broad menu appeal.
College-Educated: 8.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,213
Median Gross Rent
$78 K
Median Home Value
1
Bank Branches
$60 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-42% 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