ZIP 47031 — Business Opportunities

Top business opportunities in 47031

The highest-scored business categories to consider opening in Milan, IN, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Parking 100/100
   ~1.4 businesses underserved · confidence: medium
2. 2. Bicycle Parking 100/100
   ~0.6 businesses underserved · confidence: medium
3. 3. Parking Space 100/100
   ~6.3 businesses underserved · confidence: medium
4. 4. Bars & Nightlife 92/100
   ~0.6 businesses underserved · confidence: medium
5. 5. Locksmith 91/100
   ~0.3 businesses underserved · confidence: medium
6. 6. Slipway 91/100
   ~0.4 businesses underserved · confidence: medium
7. 7. Cleaning 91/100
   ~0.3 businesses underserved · confidence: medium
8. 8. Wine 91/100
   ~0.3 businesses underserved · confidence: medium
9. 9. Cosmetics 91/100
   ~0.3 businesses underserved · confidence: medium
10. 10. Confectionery 91/100
    ~0.4 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 47031.

• Schools — 4 businesses
• Religious — 2 businesses
• Banking & Finance — 1 businesses
• Fire Station — 1 businesses
• Police — 1 businesses
• Townhall — 1 businesses
• Golf Course — 1 businesses
• Government Services — 1 businesses
• Park — 1 businesses
• Variety Store — 1 businesses
• Pitch — 1 businesses
• Museum — 1 businesses
• Clothing & Apparel — 1 businesses
• Locksmith — 0 businesses
• Slipway — 0 businesses

Full demographic profile

Population	5,422
Households	2,022
Median household income	$64,500
Per capita income	$38,428
Median age	42.1
% bachelor's degree or higher	17.921%
% age 18–34	18.554%
% age 65+	12.265%
% renter-occupied	22.373%
Median home value	$181,700
Median gross rent	$898
Unemployment rate	4.392%

Nearby ZIPs in IN

46746 Howe · 46745 Hoagland · 46743 Harlan · 46742 Hamilton · 46741 Grabill · 46740 Geneva