Franchise Businesses Market: ZIP 48609
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48609 is an urban area with low foot traffic. with a population of 12,206 and household incomes above the national median ($78,800).
Area Profile
12,206
Population
$78,800
Median Income
+6% vs. national
Urban
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 49.2 —
older demographic, may prefer sit-down options.
College-Educated: 19.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,010
2BR Fair Market Rent
$903
Median Gross Rent
$170 K
Median Home Value
2
Bank Branches
$240 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
- 2
vs. National Average
Median Income
+6% vs. $74,580
Walkability
-4.3 pts vs. national avg
Nearby Markets
48638
4.9 mi
Pop: 12,668
$63,444
Walk: 6.6
48603
6.0 mi
Pop: 27,846
$65,690
Walk: 8.1
48602
7.8 mi
Pop: 27,490
$46,068
Walk: 8.2
48655
8.4 mi
Pop: 5,655
$64,615
Walk: 4.1
48623
9.6 mi
Pop: 15,126
$96,371
Walk: 8.5
48626
9.8 mi
Pop: 5,813
$81,961
Walk: 5.8
48607
10.7 mi
Pop: 1,523
$39,211
Walk: 9.1
48604
10.9 mi
Pop: 11,284
$53,804
Walk: 8.0
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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