ZIP 48832 — Business Opportunities
Elwell, MI · Local economy intelligence
Top business opportunities in 48832
The highest-scored business categories to consider opening in Elwell, MI,
based on demand (population, income, demographic fit) versus existing supply.
- 1. Bars & Nightlife 100/100
~0.3 businesses underserved · confidence: low
- 2. Gas Stations 88/100
~0.6 businesses underserved · confidence: low
- 3. Schools 82/100
~0.7 businesses underserved · confidence: low
- 4. Toys & Games 82/100
~0.1 businesses underserved · confidence: low
- 5. Music School 82/100
~0.1 businesses underserved · confidence: low
- 6. Dancing School 82/100
~0.1 businesses underserved · confidence: low
- 7. Bicycle Parking 81/100
~0.1 businesses underserved · confidence: low
- 8. Parking 81/100
~0.4 businesses underserved · confidence: low
- 9. Parking Space 81/100
~0.5 businesses underserved · confidence: low
- 10. Childcare 81/100
~0.1 businesses underserved · confidence: low
What's already here — existing business mix
The most common business categories currently operating in ZIP 48832.
- Park — 1 businesses
- Religious — 1 businesses
- Grave Yard — 1 businesses
- Sewing — 0 businesses
- Architect — 0 businesses
- Photographer — 0 businesses
- Trampoline Park — 0 businesses
- Psychic — 0 businesses
- Trade — 0 businesses
- Pottery — 0 businesses
- Greengrocer — 0 businesses
- Theme Park — 0 businesses
- Repair — 0 businesses
- Guest House — 0 businesses
- Candles — 0 businesses
Full demographic profile
| Population | 1,276 |
| Households | 500 |
| Median household income | $61,974 |
| Per capita income | $28,307 |
| Median age | 40.4 |
| % bachelor's degree or higher | 17.45% |
| % age 18–34 | 21.865% |
| % age 65+ | 17.79% |
| % renter-occupied | 7.561% |
| Median home value | $138,500 |
| Median gross rent | $775 |
| Unemployment rate | 0.898% |
Nearby ZIPs in MI
48314 Sterling Heights · 48313 Sterling Heights · 48312 Sterling Heights · 48310 Sterling Heights · 48309 Rochester · 48307 Rochester
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