Franchise Costs Near Traverse City, MI (49686)
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49686 is an urban area. with a population of 25,181 and household incomes near the national median ($71,198).
Area Profile
25,181
Population
$71,198
Median Income
-5% vs. national
Urban
Area Type
Median Age: 47.1 —
older demographic, may prefer sit-down options.
College-Educated: 34.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 49686.
13
Business Consultants
5.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,209
Median Gross Rent
$300 K
Median Home Value
9
Bank Branches
$1.5 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 13
- Bank Branches
- 9
vs. National Average
Median Income
-5% 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