ZIP 49629 — Business Opportunities

Top business opportunities in 49629

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

1. 1. Pharmacies 100/100
   ~0.3 businesses underserved · confidence: medium
2. 2. Jewelry & Accessories 70/100
   ~0.2 businesses underserved · confidence: medium
3. 3. Hospitals 68/100
   ~0.1 businesses underserved · confidence: medium
4. 4. Electronics 63/100
   ~0.1 businesses underserved · confidence: medium
5. 5. Electronics Repair 58/100
   ~0.1 businesses underserved · confidence: low
6. 6. Furniture & Home Decor 54/100
   ~0.2 businesses underserved · confidence: medium
7. 7. Grocery 47/100
   ~0.1 businesses underserved · confidence: low
8. 8. Hair Salons 47/100
   ~0.3 businesses underserved · confidence: medium
9. 9. Animal Boarding 47/100
   ~0.1 businesses underserved · confidence: medium
10. 10. Social Centre 47/100
    ~0.2 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 49629.

• Restaurants — 7 businesses
• Convenience Stores — 5 businesses
• Religious — 5 businesses
• Park — 5 businesses
• Storage Rental — 4 businesses
• Schools — 4 businesses
• Gas Stations — 4 businesses
• Slipway — 4 businesses
• Fast Food — 3 businesses
• Government Services — 3 businesses
• Dental — 3 businesses
• Banking & Finance — 3 businesses
• Antiques — 3 businesses
• Townhall — 2 businesses
• Auto Repair — 2 businesses

Full demographic profile

Population	2,067
Households	1,066
Median household income	$80,515
Per capita income	$47,081
Median age	59.2
% bachelor's degree or higher	44.111%
% age 18–34	7.692%
% age 65+	24.141%
% renter-occupied	10.536%
Median home value	$326,000
Median gross rent	$1,020
Unemployment rate	0.433%

Nearby ZIPs in MI

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