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ZIP 48238 — Business Opportunities

Detroit, MI · Local economy intelligence
Population
24,565
Median income
$29,692
Median age
34.9
Households
9,961

Top business opportunities in 48238

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

  1. 1. Laundromats 100/100
    ~3.5 businesses underserved · confidence: high
  2. 2. Toys & Games 73/100
    ~2.1 businesses underserved · confidence: high
  3. 3. Music School 73/100
    ~2.2 businesses underserved · confidence: high
  4. 4. Dancing School 73/100
    ~2.0 businesses underserved · confidence: low
  5. 5. Driving School 63/100
    ~1.6 businesses underserved · confidence: low
  6. 6. Prep School 60/100
    ~1.4 businesses underserved · confidence: low
  7. 7. Bars & Nightlife 36/100
    ~3.9 businesses underserved · confidence: high
  8. 8. Doors 33/100
    ~1.5 businesses underserved · confidence: high
  9. 9. Educational Institution 33/100
    ~1.7 businesses underserved · confidence: high
  10. 10. Pyrotechnics 33/100
    ~1.5 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48238.

Full demographic profile

Population24,565
Households9,961
Median household income$29,692
Per capita income$18,645
Median age34.9
% bachelor's degree or higher11.446%
% age 18–3419.992%
% age 65+10.25%
% renter-occupied33.495%
Median home value$51,400
Median gross rent$937
Unemployment rate20.757%

Nearby ZIPs in MI

48243 Detroit · 48217 Detroit · 48216 Detroit · 48215 Detroit · 48214 Detroit · 48213 Detroit

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