ZIP 48374 — Business Opportunities
Novi, MI · Local economy intelligence
Top business opportunities in 48374
The highest-scored business categories to consider opening in Novi, MI,
based on demand (population, income, demographic fit) versus existing supply.
- 1. Electronics 100/100
~1.9 businesses underserved · confidence: high
- 2. Fitness Centre 100/100
~3.3 businesses underserved · confidence: high
- 3. Furniture & Home Decor 100/100
~2.5 businesses underserved · confidence: high
- 4. Jewelry & Accessories 100/100
~2.3 businesses underserved · confidence: high
- 5. Electronics Repair 92/100
~1.6 businesses underserved · confidence: low
- 6. Clothing & Apparel 85/100
~3.4 businesses underserved · confidence: high
- 7. Toys & Games 76/100
~1.6 businesses underserved · confidence: high
- 8. Music School 76/100
~1.7 businesses underserved · confidence: high
- 9. Dancing School 76/100
~1.5 businesses underserved · confidence: low
- 10. Veterinary 72/100
~1.4 businesses underserved · confidence: high
What's already here — existing business mix
The most common business categories currently operating in ZIP 48374.
- Park — 17 businesses
- Fast Food — 11 businesses
- Restaurants — 10 businesses
- Nature Reserve — 8 businesses
- Gas Stations — 8 businesses
- Hotels & Lodging — 7 businesses
- Schools — 6 businesses
- Convenience Stores — 6 businesses
- Playground — 5 businesses
- Banking & Finance — 5 businesses
- Religious — 4 businesses
- Grocery & Supermarkets — 3 businesses
- Shelter — 3 businesses
- Parking — 3 businesses
- Pitch — 3 businesses
Full demographic profile
| Population | 18,125 |
| Households | 5,689 |
| Median household income | $179,940 |
| Per capita income | $72,036 |
| Median age | 39.2 |
| % bachelor's degree or higher | 72.565% |
| % age 18–34 | 13.727% |
| % age 65+ | 7.426% |
| % renter-occupied | 9.759% |
| Median home value | $536,100 |
| Median gross rent | $2,352 |
| Unemployment rate | 3.603% |
Nearby ZIPs in MI
48314 Sterling Heights · 48313 Sterling Heights · 48312 Sterling Heights · 48310 Sterling Heights · 48309 Rochester · 48307 Rochester
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