ZIP 48203 — Business Opportunities

Top business opportunities in 48203

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

1. 1. Laundromats 100/100
   ~2.9 businesses underserved · confidence: high
2. 2. Financial 33/100
   ~1.3 businesses underserved · confidence: high
3. 3. Rental 33/100
   ~1.2 businesses underserved · confidence: high
4. 4. Money Lender 33/100
   ~1.1 businesses underserved · confidence: high
5. 5. Massage & Wellness 33/100
   ~1.3 businesses underserved · confidence: high
6. 6. Coffee 33/100
   ~1.6 businesses underserved · confidence: high
7. 7. Craft 33/100
   ~1.1 businesses underserved · confidence: high
8. 8. Marina 33/100
   ~5.3 businesses underserved · confidence: high
9. 9. Tobacco 33/100
   ~1.6 businesses underserved · confidence: high
10. 10. Mobile Phone 33/100
    ~1.9 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48203.

• Religious — 57 businesses
• Convenience Stores — 23 businesses
• Gas Stations — 18 businesses
• Park — 17 businesses
• Fast Food — 10 businesses
• Schools — 8 businesses
• Restaurants — 5 businesses
• Variety Store — 4 businesses
• Parking — 4 businesses
• Auto Parts — 3 businesses
• Bars & Nightlife — 3 businesses
• Shelter — 3 businesses
• Alcohol — 3 businesses
• Medical & Healthcare — 3 businesses
• Auto Sales — 3 businesses

Full demographic profile

Population	20,584
Households	8,773
Median household income	$34,610
Per capita income	$24,131
Median age	42.4
% bachelor's degree or higher	19.902%
% age 18–34	18.101%
% age 65+	11.97%
% renter-occupied	33.07%
Median home value	$61,100
Median gross rent	$764
Unemployment rate	15.022%

Nearby ZIPs in MI

48207 Detroit · 48208 Detroit · 48209 Detroit · 48210 Detroit · 48211 Detroit · 48212 Hamtramck