ZIP 49506 — Business Opportunities

Grand Rapids, MI · Local economy intelligence

Population

33,877

Median income

$106,971

Median age

34.3

Households

12,603

Top business opportunities in 49506

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

1. Jewelry & Accessories 100/100
~4.0 businesses underserved · confidence: high
2. Childcare 85/100
~3.5 businesses underserved · confidence: high
3. Fitness Centre 85/100
~5.2 businesses underserved · confidence: high
4. Electronics 78/100
~2.9 businesses underserved · confidence: high
5. Electronics Repair 72/100
~2.4 businesses underserved · confidence: low
6. Veterinary 58/100
~2.4 businesses underserved · confidence: high
7. Toys & Games 55/100
~2.3 businesses underserved · confidence: high
8. Music School 55/100
~2.4 businesses underserved · confidence: high
9. Dancing School 54/100
~2.2 businesses underserved · confidence: low
10. Driving School 48/100
~1.7 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 49506.

Restaurants — 28 businesses
Schools — 23 businesses
Parking — 21 businesses
Park — 14 businesses
Cafes & Coffee Shops — 8 businesses
Religious — 7 businesses
Clothing & Apparel — 7 businesses
Banking & Finance — 5 businesses
Gas Stations — 4 businesses
Convenience Stores — 4 businesses
Grocery & Supermarkets — 3 businesses
Bars & Nightlife — 3 businesses
Libraries — 3 businesses
Pitch — 3 businesses
Beauty & Nail Salons — 3 businesses

Full demographic profile

Population	33,877
Households	12,603
Median household income	$106,971
Per capita income	$53,160
Median age	34.3
% bachelor's degree or higher	65.494%
% age 18–34	23.7%
% age 65+	8.501%
% renter-occupied	22.608%
Median home value	$306,400
Median gross rent	$1,251
Unemployment rate	2.837%

Nearby ZIPs in MI

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

Ask the AI Advisor

Get a 1-to-10 rating with data-backed reasoning for any business idea you'd open in 49506. "What if I opened a coffee shop here?" → real answer in 5 seconds.

Open advisor on the map →