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ZIP 48632 — Business Opportunities

Lake, MI · Local economy intelligence
Population
5,028
Median income
$49,722
Median age
51.3
Households
2,026

Top business opportunities in 48632

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

  1. 1. Auto Parts 100/100
    ~0.5 businesses underserved · confidence: medium
  2. 2. Auto Repair 100/100
    ~0.9 businesses underserved · confidence: medium
  3. 3. Auto Sales 100/100
    ~0.6 businesses underserved · confidence: medium
  4. 4. Medical & Healthcare 97/100
    ~0.6 businesses underserved · confidence: medium
  5. 5. Hospitals 96/100
    ~0.3 businesses underserved · confidence: medium
  6. 6. Pharmacies 93/100
    ~0.5 businesses underserved · confidence: medium
  7. 7. Surveyor 79/100
    ~0.4 businesses underserved · confidence: medium
  8. 8. Bandstand 79/100
    ~0.8 businesses underserved · confidence: medium
  9. 9. Sauna 79/100
    ~0.3 businesses underserved · confidence: medium
  10. 10. Metal Construction 79/100
    ~0.3 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 48632.

Full demographic profile

Population5,028
Households2,026
Median household income$49,722
Per capita income$32,156
Median age51.3
% bachelor's degree or higher13.684%
% age 18–3414.618%
% age 65+19.093%
% renter-occupied4.011%
Median home value$125,400
Median gross rent$810
Unemployment rate11.017%

Nearby ZIPs in MI

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

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