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ZIP 48334 — Business Opportunities

Farmington, MI · Local economy intelligence
Population
18,814
Median income
$95,601
Median age
42.8
Households
7,809

Top business opportunities in 48334

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

  1. 1. Laundromats 100/100
    ~1.9 businesses underserved · confidence: high
  2. 2. Veterinary 98/100
    ~1.7 businesses underserved · confidence: high
  3. 3. Electronics Repair 98/100
    ~1.2 businesses underserved · confidence: low
  4. 4. Jewelry & Accessories 86/100
    ~0.9 businesses underserved · confidence: high
  5. 5. Bars & Nightlife 71/100
    ~2.5 businesses underserved · confidence: high
  6. 6. Grocery 66/100
    ~0.9 businesses underserved · confidence: low
  7. 7. Marina 60/100
    ~4.8 businesses underserved · confidence: high
  8. 8. Tobacco 60/100
    ~1.5 businesses underserved · confidence: high
  9. 9. Townhall 60/100
    ~2.9 businesses underserved · confidence: high
  10. 10. Shelter 60/100
    ~2.1 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48334.

Full demographic profile

Population18,814
Households7,809
Median household income$95,601
Per capita income$48,719
Median age42.8
% bachelor's degree or higher55.746%
% age 18–3418.763%
% age 65+15.302%
% renter-occupied33.542%
Median home value$295,900
Median gross rent$1,408
Unemployment rate3.274%

Nearby ZIPs in MI

48314 Sterling Heights · 48313 Sterling Heights · 48312 Sterling Heights · 48310 Sterling Heights · 48309 Rochester · 48307 Rochester

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