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ZIP 49656 — Business Opportunities

Luther, MI · Local economy intelligence
Population
1,731
Median income
$52,308
Median age
51.8
Households
636

Top business opportunities in 49656

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

  1. 1. Hospitals 100/100
    ~0.1 businesses underserved · confidence: low
  2. 2. Houseware 95/100
    ~0.1 businesses underserved · confidence: low
  3. 3. Outdoor 95/100
    ~0.1 businesses underserved · confidence: low
  4. 4. Marketplace 95/100
    ~0.1 businesses underserved · confidence: low
  5. 5. Engineer 95/100
    ~0.1 businesses underserved · confidence: low
  6. 6. Marina 95/100
    ~0.4 businesses underserved · confidence: low
  7. 7. Tobacco 95/100
    ~0.1 businesses underserved · confidence: low
  8. 8. Mobile Phone 95/100
    ~0.2 businesses underserved · confidence: low
  9. 9. Nature Reserve 95/100
    ~0.4 businesses underserved · confidence: low
  10. 10. Fire Station 95/100
    ~0.2 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 49656.

Full demographic profile

Population1,731
Households636
Median household income$52,308
Per capita income$26,858
Median age51.8
% bachelor's degree or higher11.23%
% age 18–3413.46%
% age 65+16.522%
% renter-occupied5.851%
Median home value$111,700
Median gross rent$974
Unemployment rate3.226%

Nearby ZIPs in MI

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

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