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ZIP 48160 — Business Opportunities

Milan, MI · Local economy intelligence
Population
14,163
Median income
$95,833
Median age
40.9
Households
4,962

Top business opportunities in 48160

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

  1. 1. Jewelry & Accessories 100/100
    ~1.4 businesses underserved · confidence: high
  2. 2. Furniture & Home Decor 87/100
    ~1.4 businesses underserved · confidence: high
  3. 3. Electronics 82/100
    ~1.1 businesses underserved · confidence: high
  4. 4. Clothing & Apparel 78/100
    ~2.4 businesses underserved · confidence: high
  5. 5. Electronics Repair 76/100
    ~0.9 businesses underserved · confidence: low
  6. 6. Restaurants 67/100
    ~7.0 businesses underserved · confidence: high
  7. 7. Childcare 64/100
    ~1.1 businesses underserved · confidence: high
  8. 8. Grocery 51/100
    ~0.7 businesses underserved · confidence: low
  9. 9. Fitness Centre 49/100
    ~0.7 businesses underserved · confidence: high
  10. 10. Bicycle Parking 48/100
    ~1.1 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48160.

Full demographic profile

Population14,163
Households4,962
Median household income$95,833
Per capita income$38,090
Median age40.9
% bachelor's degree or higher28.391%
% age 18–3418.337%
% age 65+12.681%
% renter-occupied16.584%
Median home value$241,000
Median gross rent$995
Unemployment rate5.472%

Nearby ZIPs in MI

48178 South Lyon · 48180 Taylor · 48183 Trenton · 48184 Wayne · 48185 Westland · 48186 Westland

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