Franchise Costs Near Freeland, MI (48623)
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48623 is an urban area. with a population of 15,126 and household incomes above the national median ($96,371).
Area Profile
15,126
Population
$96,371
Median Income
+29% vs. national
Urban
Area Type
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 23.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,176
Median Gross Rent
$230 K
Median Home Value
3
Bank Branches
$150 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 3
vs. National Average
Median Income
+29% 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