ZIP 48073 — Business Opportunities

Royal Oak, MI · Local economy intelligence

Population

33,822

Median income

$86,269

Median age

36.7

Households

16,446

Top business opportunities in 48073

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

1. Bars & Nightlife 100/100
~10.1 businesses underserved · confidence: high
2. Cafes & Coffee Shops 100/100
~8.4 businesses underserved · confidence: high
3. Clothing & Apparel 62/100
~6.2 businesses underserved · confidence: high
4. Jewelry & Accessories 56/100
~3.0 businesses underserved · confidence: high
5. Laundromats 54/100
~3.3 businesses underserved · confidence: high
6. Electronics 48/100
~2.3 businesses underserved · confidence: high
7. Veterinary 45/100
~2.8 businesses underserved · confidence: high
8. Electronics Repair 45/100
~1.9 businesses underserved · confidence: low
9. Grocery & Supermarkets 36/100
~5.1 businesses underserved · confidence: high
10. Bicycle Parking 36/100
~2.7 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48073.

Park — 10 businesses
Schools — 7 businesses
Fast Food — 7 businesses
Restaurants — 5 businesses
Convenience Stores — 5 businesses
Fitness Centre — 4 businesses
Auto Repair — 4 businesses
Bicycle Repair Station — 3 businesses
Gas Stations — 3 businesses
Religious — 3 businesses
Parking — 3 businesses
Banking & Finance — 3 businesses
Interior Decoration — 3 businesses
Company — 2 businesses
Sports Centre — 2 businesses

Full demographic profile

Population	33,822
Households	16,446
Median household income	$86,269
Per capita income	$54,488
Median age	36.7
% bachelor's degree or higher	57.564%
% age 18–34	30.276%
% age 65+	11.289%
% renter-occupied	33.45%
Median home value	$286,500
Median gross rent	$1,182
Unemployment rate	2.392%

Nearby ZIPs in MI

48072 Berkley · 48074 Smiths Creek · 48071 Madison Heights · 48075 Southfield · 48070 Huntington Woods · 48076 Southfield

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