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Franchise Costs Near Shepherd, MI (48883)

Opportunity Score
70 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48883 is an suburban area. with a population of 6,755 and household incomes near the national median ($66,364).

Area Profile

6,755
Population
$66,364
Median Income
-11% vs. national
Suburban
Area Type
Median Age: 41.8 — older demographic, may prefer sit-down options.
College-Educated: 14.9% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$841
Median Gross Rent
$150 K
Median Home Value
2
Bank Branches
$82 K deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Quick Facts

Area Type
Suburban
Bank Branches
2

vs. National Average

Median Income
-11% vs. $74,580

Nearby Markets

48859 7.4 mi
Pop: 2,244
48880 8.8 mi
Pop: 9,952 $56,108
48858 9.8 mi
Pop: 42,732 $48,794
48801 11.4 mi
Pop: 13,433 $57,449
48832 11.5 mi
Pop: 1,291 $62,188
48878 13.4 mi
Pop: 1,253 $51,875
48877 15.0 mi
Pop: 2,078 $57,222
48618 15.6 mi
Pop: 5,110 $58,523

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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