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ZIP 49505 — Business Opportunities

Grand Rapids, MI · Local economy intelligence
Population
32,325
Median income
$67,838
Median age
34.6
Households
13,638

Top business opportunities in 49505

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

  1. 1. Cafes & Coffee Shops 100/100
    ~6.1 businesses underserved · confidence: high
  2. 2. Bars & Nightlife 98/100
    ~7.3 businesses underserved · confidence: high
  3. 3. Laundromats 97/100
    ~3.8 businesses underserved · confidence: high
  4. 4. Fitness Centre 72/100
    ~4.0 businesses underserved · confidence: high
  5. 5. Childcare 53/100
    ~2.2 businesses underserved · confidence: high
  6. 6. Toys & Games 52/100
    ~1.9 businesses underserved · confidence: high
  7. 7. Music School 52/100
    ~2.0 businesses underserved · confidence: high
  8. 8. Dancing School 52/100
    ~1.8 businesses underserved · confidence: low
  9. 9. Driving School 46/100
    ~1.4 businesses underserved · confidence: low
  10. 10. Arts Centre 44/100
    ~1.7 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 49505.

Full demographic profile

Population32,325
Households13,638
Median household income$67,838
Per capita income$34,225
Median age34.6
% bachelor's degree or higher39.578%
% age 18–3426.518%
% age 65+11.196%
% renter-occupied35.359%
Median home value$202,400
Median gross rent$1,179
Unemployment rate5.318%

Nearby ZIPs in MI

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

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