Franchise Businesses Market: ZIP 48328
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48328 is an urban area with low foot traffic. with a population of 25,409 and household incomes near the national median ($69,788).
Area Profile
25,409
Population
$69,788
Median Income
-6% vs. national
Urban
Area Type
6.9/20
Foot Traffic
Car-Dependent
Median Age: 42.2 —
older demographic, may prefer sit-down options.
College-Educated: 19.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,290
2BR Fair Market Rent
$1,041
Median Gross Rent
$210 K
Median Home Value
3
Bank Branches
$340 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
- 3
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-3.6 pts vs. national avg
Nearby Markets
48329
3.1 mi
Pop: 24,022
$85,777
Walk: 6.3
48320
3.2 mi
Pop: 4,257
$77,700
Walk: 9.5
48327
3.4 mi
Pop: 20,843
$75,512
Walk: 6.7
48324
4.4 mi
Pop: 16,631
$148,750
Walk: 7.5
48341
5.2 mi
Pop: 19,060
$46,185
Walk: 8.1
48340
5.4 mi
Pop: 25,696
$46,474
Walk: 7.2
48323
5.6 mi
Pop: 17,043
$139,418
Walk: 7.6
48342
6.1 mi
Pop: 17,227
$33,750
Walk: 7.3
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