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ZIP 49507 — Business Opportunities

Grand Rapids, MI · Local economy intelligence
Population
39,899
Median income
$52,887
Median age
29.7
Households
13,174

Top business opportunities in 49507

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

  1. 1. Laundromats 100/100
    ~5.5 businesses underserved · confidence: high
  2. 2. Childcare 89/100
    ~4.4 businesses underserved · confidence: high
  3. 3. Toys & Games 87/100
    ~3.7 businesses underserved · confidence: high
  4. 4. Music School 87/100
    ~3.9 businesses underserved · confidence: high
  5. 5. Dancing School 87/100
    ~3.5 businesses underserved · confidence: low
  6. 6. Driving School 75/100
    ~2.8 businesses underserved · confidence: low
  7. 7. Prep School 71/100
    ~2.5 businesses underserved · confidence: low
  8. 8. Fitness Centre 45/100
    ~4.3 businesses underserved · confidence: high
  9. 9. Marina 35/100
    ~10.2 businesses underserved · confidence: high
  10. 10. Tobacco 35/100
    ~3.1 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 49507.

Full demographic profile

Population39,899
Households13,174
Median household income$52,887
Per capita income$24,801
Median age29.7
% bachelor's degree or higher24.678%
% age 18–3426.331%
% age 65+6.557%
% renter-occupied36.976%
Median home value$161,000
Median gross rent$1,073
Unemployment rate6.597%

Nearby ZIPs in MI

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

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