Franchise Businesses Market: ZIP 48309
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48309 is an urban area with low foot traffic. with a population of 30,254 and household incomes well above the national median ($117,788).
Area Profile
30,254
Population
$117,788
Median Income
+58% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 42.8 —
older demographic, may prefer sit-down options.
College-Educated: 42.2% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 48309.
11
Business Consultants
3.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,625
Median Gross Rent
$390 K
Median Home Value
7
Bank Branches
$1.3 M 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.
- The median income here is $117,788. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 11
- Bank Branches
- 7
vs. National Average
Median Income
+58% vs. $74,580
Walkability
-3.6 pts vs. national avg
Nearby Markets
48098
4.1 mi
Pop: 20,658
$165,781
Walk: 7.6
48307
4.4 mi
Pop: 44,267
$105,118
Walk: 8.5
48326
4.5 mi
Pop: 24,488
$79,468
Walk: 7.4
48306
5.4 mi
Pop: 27,831
$165,545
Walk: 5.9
48304
5.7 mi
Pop: 17,436
$140,700
Walk: 7.1
48085
5.8 mi
Pop: 27,371
$144,146
Walk: 7.8
48342
6.1 mi
Pop: 17,227
$33,750
Walk: 7.3
48084
6.7 mi
Pop: 15,659
$106,004
Walk: 9.0
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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