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

Full demographic profile

Population23,933
Households9,947
Median household income$110,666
Per capita income$57,655
Median age42.1
% bachelor's degree or higher60.996%
% age 18–3415.744%
% age 65+11.545%
% renter-occupied26.997%
Median home value$333,800
Median gross rent$1,759
Unemployment rate4.911%

Nearby ZIPs in MI

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

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