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ZIP 48454 — Business Opportunities

Melvin, MI · Local economy intelligence
Population
1,162
Median income
$57,772
Median age
41.7
Households
477

Top business opportunities in 48454

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

  1. 1. Gas Stations 100/100
    ~0.6 businesses underserved · confidence: low
  2. 2. Auto Parts 90/100
    ~0.1 businesses underserved · confidence: low
  3. 3. Auto Repair 90/100
    ~0.2 businesses underserved · confidence: low
  4. 4. Auto Sales 90/100
    ~0.2 businesses underserved · confidence: low
  5. 5. Toys & Games 88/100
    ~0.1 businesses underserved · confidence: low
  6. 6. Music School 88/100
    ~0.1 businesses underserved · confidence: low
  7. 7. Dancing School 88/100
    ~0.1 businesses underserved · confidence: low
  8. 8. Parking 87/100
    ~0.4 businesses underserved · confidence: low
  9. 9. Bicycle Parking 87/100
    ~0.1 businesses underserved · confidence: low
  10. 10. Parking Space 87/100
    ~0.4 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 48454.

Full demographic profile

Population1,162
Households477
Median household income$57,772
Per capita income$31,145
Median age41.7
% bachelor's degree or higher13.653%
% age 18–3417.728%
% age 65+10.671%
% renter-occupied8.617%
Median home value$164,900
Median gross rent$645
Unemployment rate5.546%

Nearby ZIPs in MI

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

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