ZIP 48047 — Business Opportunities

New Baltimore, MI · Local economy intelligence

Population

39,976

Median income

$91,796

Median age

42.2

Households

15,924

Top business opportunities in 48047

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

1. Jewelry & Accessories 100/100
~3.9 businesses underserved · confidence: medium
2. Furniture & Home Decor 90/100
~3.9 businesses underserved · confidence: medium
3. Electronics 84/100
~2.9 businesses underserved · confidence: medium
4. Clothing & Apparel 81/100
~6.6 businesses underserved · confidence: medium
5. Childcare 80/100
~3.3 businesses underserved · confidence: medium
6. Veterinary 78/100
~3.5 businesses underserved · confidence: medium
7. Fitness Centre 78/100
~4.8 businesses underserved · confidence: medium
8. Electronics Repair 78/100
~2.4 businesses underserved · confidence: low
9. Bars & Nightlife 68/100
~7.2 businesses underserved · confidence: medium
10. Parking 62/100
~12.7 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 48047.

Schools — 10 businesses
Convenience Stores — 10 businesses
Park — 8 businesses
Gas Stations — 8 businesses
Fast Food — 5 businesses
Marina — 3 businesses
Social Facility — 3 businesses
Variety Store — 2 businesses
Restaurants — 2 businesses
Golf Course — 2 businesses
Banking & Finance — 2 businesses
Nature Reserve — 1 businesses
Auto Parts — 1 businesses
Pharmacies — 1 businesses
Grocery & Supermarkets — 1 businesses

Full demographic profile

Population	39,976
Households	15,924
Median household income	$91,796
Per capita income	$42,554
Median age	42.2
% bachelor's degree or higher	29.574%
% age 18–34	18.446%
% age 65+	11.835%
% renter-occupied	17.763%
Median home value	$275,200
Median gross rent	$994
Unemployment rate	4.413%

Nearby ZIPs in MI

48049 North Street · 48050 New Haven · 48065 Romeo · 48069 Pleasant Ridge · 48070 Huntington Woods · 48071 Madison Heights

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