ZIP 48375 — Business Opportunities

Novi, MI · Local economy intelligence

Population

23,933

Median income

$110,666

Median age

42.1

Households

9,947

Top business opportunities in 48375

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

1. Jewelry & Accessories 100/100
~1.9 businesses underserved · confidence: high
2. Childcare 95/100
~2.4 businesses underserved · confidence: high
3. Furniture & Home Decor 95/100
~2.6 businesses underserved · confidence: high
4. Electronics Repair 92/100
~1.8 businesses underserved · confidence: low
5. Veterinary 90/100
~2.5 businesses underserved · confidence: high
6. Clothing & Apparel 76/100
~3.5 businesses underserved · confidence: high
7. Electronics 70/100
~1.1 businesses underserved · confidence: high
8. Music School 59/100
~1.6 businesses underserved · confidence: high
9. Toys & Games 59/100
~1.5 businesses underserved · confidence: high
10. Dancing School 59/100
~1.4 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 48375.

Parking — 136 businesses
Restaurants — 27 businesses
Fast Food — 25 businesses
Company — 12 businesses
Park — 10 businesses
Banking & Finance — 8 businesses
Auto Sales — 8 businesses
Religious — 7 businesses
Auto Repair — 7 businesses
Medical & Healthcare — 7 businesses
Gas Stations — 6 businesses
Convenience Stores — 6 businesses
Fitness Centre — 6 businesses
Hotels & Lodging — 6 businesses
Schools — 4 businesses

Full demographic profile

Population	23,933
Households	9,947
Median household income	$110,666
Per capita income	$57,655
Median age	42.1
% bachelor's degree or higher	60.996%
% age 18–34	15.744%
% age 65+	11.545%
% renter-occupied	26.997%
Median home value	$333,800
Median gross rent	$1,759
Unemployment rate	4.911%

Nearby ZIPs in MI

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

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