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Home ZIP 48116

Remodelers Market: ZIP 48116

Opportunity Score
73 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48116 is an urban area with low foot traffic. with a population of 27,817 and household incomes well above the national median ($109,606). There are 15 remodelers operations in ZIP 48116.

Area Profile

27,817
Population
$109,606
Median Income
+47% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Car-Dependent
Median Age: 45.8 — older demographic, may prefer sit-down options.
College-Educated: 37.9% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 48116.

15
Remodelers
Moderate — proven market
5.4 per 10K residents
12
HVAC Contractors
4.3 per 10K residents
5
Roofing Contractors
1.8 per 10K residents
What this means: Remodelers are 46.9% of the relevant market in ZIP 48116 (15 vs. 17 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,340
2BR Fair Market Rent
$1,229
Median Gross Rent
$360 K
Median Home Value
16
Bank Branches
$1.9 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Remodelers
15
Related Businesses
17
Bank Branches
16

vs. National Average

Median Income
+47% vs. $74,580
Walkability
-1.6 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits