Franchise Businesses Market: ZIP 48838
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48838 is an suburban area with low foot traffic. with a population of 17,925 and household incomes near the national median ($66,126).
Area Profile
17,925
Population
$66,126
Median Income
-11% vs. national
Suburban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 13.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$910
Median Gross Rent
$190 K
Median Home Value
4
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
- Suburban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 4
vs. National Average
Median Income
-11% vs. $74,580
Walkability
-2.3 pts vs. national avg
Nearby Markets
49326
6.4 mi
Pop: 4,126
$78,824
48809
7.4 mi
Pop: 11,292
$67,172
Walk: 7.2
48885
8.7 mi
Pop: 1,273
$68,958
Walk: 3.8
49347
10.8 mi
Pop: 1,496
$87,833
Walk: 3.8
48865
12.4 mi
Pop: 1,904
$68,889
49322
13.5 mi
Pop: 1,222
$69,231
48888
13.9 mi
Pop: 5,905
$55,954
Walk: 4.4
48884
14.6 mi
Pop: 4,777
$60,000
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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