Franchise Businesses Market: ZIP 48329
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48329 is an urban area with low foot traffic. with a population of 24,022 and household incomes above the national median ($85,777).
Area Profile
24,022
Population
$85,777
Median Income
+15% vs. national
Urban
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 44.2 —
older demographic, may prefer sit-down options.
College-Educated: 21.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,710
2BR Fair Market Rent
$1,323
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$170 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
- 1
vs. National Average
Median Income
+15% vs. $74,580
Walkability
-4.2 pts vs. national avg
Nearby Markets
48328
3.1 mi
Pop: 25,409
$69,788
Walk: 6.9
48346
3.5 mi
Pop: 22,954
$97,857
Walk: 7.7
48327
3.7 mi
Pop: 20,843
$75,512
Walk: 6.7
48348
5.7 mi
Pop: 24,892
$131,586
Walk: 5.9
48320
6.2 mi
Pop: 4,257
$77,700
Walk: 9.5
48324
6.4 mi
Pop: 16,631
$148,750
Walk: 7.5
48386
6.6 mi
Pop: 17,860
$90,805
Walk: 6.1
48340
7.0 mi
Pop: 25,696
$46,474
Walk: 7.2
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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