Franchise Businesses Market: ZIP 49445
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49445 is an urban area with low foot traffic. with a population of 21,090 and household incomes above the national median ($80,514).
Area Profile
21,090
Population
$80,514
Median Income
+8% vs. national
Urban
Area Type
6.7/20
Foot Traffic
Car-Dependent
Median Age: 44.1 —
older demographic, may prefer sit-down options.
College-Educated: 20.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,320
2BR Fair Market Rent
$1,163
Median Gross Rent
$210 K
Median Home Value
7
Bank Branches
$630 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
- 7
vs. National Average
Median Income
+8% vs. $74,580
Walkability
-3.9 pts vs. national avg
Nearby Markets
49440
4.7 mi
Pop: 1,319
$42,500
49443
6.1 mi
Pop: 69
Walk: 9.1
49461
6.4 mi
Pop: 9,620
$80,495
Walk: 4.2
49441
7.8 mi
Pop: 36,703
$65,235
Walk: 8.1
49444
10.3 mi
Pop: 26,228
$52,143
Walk: 7.8
49457
11.0 mi
Pop: 11,263
$74,439
Walk: 4.8
49442
11.5 mi
Pop: 44,412
$50,069
Walk: 7.6
49437
13.4 mi
Pop: 6,622
$77,224
Walk: 5.7
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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