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ZIP 48832 — Business Opportunities

Elwell, MI · Local economy intelligence
Population
1,276
Median income
$61,974
Median age
40.4
Households
500

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. 1. Bars & Nightlife 100/100
    ~0.3 businesses underserved · confidence: low
  2. 2. Gas Stations 88/100
    ~0.6 businesses underserved · confidence: low
  3. 3. Schools 82/100
    ~0.7 businesses underserved · confidence: low
  4. 4. Toys & Games 82/100
    ~0.1 businesses underserved · confidence: low
  5. 5. Music School 82/100
    ~0.1 businesses underserved · confidence: low
  6. 6. Dancing School 82/100
    ~0.1 businesses underserved · confidence: low
  7. 7. Bicycle Parking 81/100
    ~0.1 businesses underserved · confidence: low
  8. 8. Parking 81/100
    ~0.4 businesses underserved · confidence: low
  9. 9. Parking Space 81/100
    ~0.5 businesses underserved · confidence: low
  10. 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.

Full demographic profile

Population1,276
Households500
Median household income$61,974
Per capita income$28,307
Median age40.4
% bachelor's degree or higher17.45%
% age 18–3421.865%
% age 65+17.79%
% renter-occupied7.561%
Median home value$138,500
Median gross rent$775
Unemployment rate0.898%

Nearby ZIPs in MI

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

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