Franchise Businesses Market: ZIP 49021
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49021 is an urban area with low foot traffic. with a population of 6,467 and household incomes above the national median ($78,665).
Area Profile
6,467
Population
$78,665
Median Income
+5% vs. national
Urban
Area Type
3.9/20
Foot Traffic
Very Car-Dependent
Median Age: 38.7 —
mixed-age market, broad menu appeal.
College-Educated: 10.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$1,023
Median Gross Rent
$180 K
Median Home Value
1
Bank Branches
$50 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
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+5% vs. $74,580
Walkability
-6.6 pts vs. national avg
Nearby Markets
49073
9.3 mi
Pop: 4,853
$61,484
Walk: 3.0
49014
11.0 mi
Pop: 21,931
$63,383
Walk: 7.8
49017
11.2 mi
Pop: 20,785
$58,500
Walk: 7.4
49076
12.2 mi
Pop: 4,255
$67,614
49096
12.6 mi
Pop: 3,196
$74,813
Walk: 3.8
49050
13.5 mi
Pop: 1,381
$72,308
49068
15.0 mi
Pop: 14,954
$78,476
Walk: 7.4
49037
16.0 mi
Pop: 19,924
$42,598
Walk: 6.6
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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