ZIP 48723 — Business Opportunities

Top business opportunities in 48723

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

1. 1. Laundromats 100/100
   ~1.1 businesses underserved · confidence: high
2. 2. Toys & Games 92/100
   ~0.7 businesses underserved · confidence: high
3. 3. Music School 92/100
   ~0.8 businesses underserved · confidence: high
4. 4. Dancing School 91/100
   ~0.7 businesses underserved · confidence: low
5. 5. Medical & Healthcare 85/100
   ~1.5 businesses underserved · confidence: high
6. 6. Bicycle Parking 83/100
   ~1.0 businesses underserved · confidence: high
7. 7. Parking Space 83/100
   ~3.8 businesses underserved · confidence: high
8. 8. Childcare 82/100
   ~0.8 businesses underserved · confidence: high
9. 9. Driving School 81/100
   ~0.6 businesses underserved · confidence: low
10. 10. Prep School 77/100
    ~0.5 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 48723.

• Park — 10 businesses
• Fast Food — 8 businesses
• Banking & Finance — 6 businesses
• Restaurants — 5 businesses
• Gas Stations — 5 businesses
• Religious — 5 businesses
• Convenience Stores — 4 businesses
• Schools — 3 businesses
• Mobile Phone — 3 businesses
• Variety Store — 3 businesses
• Auto Parts — 3 businesses
• Grocery & Supermarkets — 3 businesses
• Auto Sales — 3 businesses
• Pharmacies — 2 businesses
• Social Centre — 2 businesses

Full demographic profile

Population	12,389
Households	4,888
Median household income	$56,116
Per capita income	$29,952
Median age	42.5
% bachelor's degree or higher	17.552%
% age 18–34	15.433%
% age 65+	16.418%
% renter-occupied	19.66%
Median home value	$116,300
Median gross rent	$740
Unemployment rate	6.266%

Nearby ZIPs in MI

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