ZIP 48377 — Business Opportunities

Novi, MI · Local economy intelligence

Population

19,083

Median income

$78,433

Median age

38.2

Households

8,981

Top business opportunities in 48377

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

1. Laundromats 100/100
~2.4 businesses underserved · confidence: high
2. Childcare 57/100
~1.4 businesses underserved · confidence: high
3. Electronics Repair 50/100
~1.0 businesses underserved · confidence: low
4. Music School 49/100
~1.2 businesses underserved · confidence: high
5. Dancing School 49/100
~1.0 businesses underserved · confidence: low
6. Bicycle Parking 46/100
~1.5 businesses underserved · confidence: high
7. Parking Space 46/100
~5.9 businesses underserved · confidence: high
8. Driving School 43/100
~0.8 businesses underserved · confidence: low
9. Auto Parts 42/100
~1.8 businesses underserved · confidence: high
10. Marina 42/100
~4.9 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 48377.

Clothing & Apparel — 67 businesses
Restaurants — 22 businesses
Fast Food — 18 businesses
Attraction — 12 businesses
Jewelry & Accessories — 11 businesses
Furniture & Home Decor — 9 businesses
Parking — 8 businesses
Cosmetics — 8 businesses
Beauty & Nail Salons — 6 businesses
Department Store — 6 businesses
Opticians — 6 businesses
Company — 5 businesses
Gifts & Specialty — 5 businesses
Sports Centre — 5 businesses
Information — 4 businesses

Full demographic profile

Population	19,083
Households	8,981
Median household income	$78,433
Per capita income	$49,880
Median age	38.2
% bachelor's degree or higher	54.555%
% age 18–34	21.475%
% age 65+	13.169%
% renter-occupied	46.194%
Median home value	$302,700
Median gross rent	$1,363
Unemployment rate	2.975%

Nearby ZIPs in MI

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

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