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ZIP 48240 — Business Opportunities

Redford, MI · Local economy intelligence
Population
16,914
Median income
$60,185
Median age
38.4
Households
6,682

Top business opportunities in 48240

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

  1. 1. Bars & Nightlife 100/100
    ~3.7 businesses underserved · confidence: high
  2. 2. Cafes & Coffee Shops 81/100
    ~2.7 businesses underserved · confidence: high
  3. 3. Laundromats 77/100
    ~1.5 businesses underserved · confidence: high
  4. 4. Parking 71/100
    ~5.6 businesses underserved · confidence: high
  5. 5. Bicycle Parking 71/100
    ~1.5 businesses underserved · confidence: high
  6. 6. Parking Space 71/100
    ~5.8 businesses underserved · confidence: high
  7. 7. Auto Sales 70/100
    ~2.2 businesses underserved · confidence: high
  8. 8. Fitness Centre 70/100
    ~1.8 businesses underserved · confidence: high
  9. 9. Toys & Games 68/100
    ~1.0 businesses underserved · confidence: high
  10. 10. Music School 68/100
    ~1.1 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48240.

Full demographic profile

Population16,914
Households6,682
Median household income$60,185
Per capita income$29,285
Median age38.4
% bachelor's degree or higher22.33%
% age 18–3423.46%
% age 65+9.27%
% renter-occupied25.014%
Median home value$110,700
Median gross rent$1,299
Unemployment rate9.144%

Nearby ZIPs in MI

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

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