ZIP 48205 — Business Opportunities

Top business opportunities in 48205

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

1. 1. Bars & Nightlife 100/100
   ~8.5 businesses underserved · confidence: high
2. 2. Laundromats 92/100
   ~3.5 businesses underserved · confidence: high
3. 3. Toys & Games 60/100
   ~2.3 businesses underserved · confidence: high
4. 4. Music School 60/100
   ~2.4 businesses underserved · confidence: high
5. 5. Dancing School 59/100
   ~2.2 businesses underserved · confidence: low
6. 6. Driving School 52/100
   ~1.8 businesses underserved · confidence: low
7. 7. Prep School 50/100
   ~1.6 businesses underserved · confidence: low
8. 8. Fitness Centre 45/100
   ~2.8 businesses underserved · confidence: high
9. 9. Childcare 39/100
   ~1.4 businesses underserved · confidence: high
10. 10. Marina 36/100
    ~8.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48205.

• Religious — 37 businesses
• Convenience Stores — 20 businesses
• Auto Repair — 19 businesses
• Schools — 16 businesses
• Gas Stations — 16 businesses
• Fast Food — 14 businesses
• Clothing & Apparel — 13 businesses
• Park — 12 businesses
• Restaurants — 9 businesses
• Tax Advisor — 8 businesses
• Hair Salons — 7 businesses
• Alcohol — 7 businesses
• Beauty & Nail Salons — 7 businesses
• Mobile Phone — 6 businesses
• Variety Store — 5 businesses

Full demographic profile

Population	31,816
Households	12,406
Median household income	$42,671
Per capita income	$22,585
Median age	30.9
% bachelor's degree or higher	7.661%
% age 18–34	32.345%
% age 65+	6.673%
% renter-occupied	45.732%
Median home value	$47,800
Median gross rent	$1,123
Unemployment rate	17.098%

Nearby ZIPs in MI

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