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Businesses for Sale | Detroit, Michigan

Discover business opportunities, in or around Detroit, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Detroit, located in The Great Lakes State had a total population of 663,150 people.

Top Franchise Opportunities in Detroit, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Computer & Internet Franchises$10,000
2Pet Franchises$90,000
3Business Services$50,000
4Financial Franchises$70,000
5Food & Restaurant$25,000
6Business Opportunities$30,000
7Sports & Leisure$60,000
8Business Opportunities$100,000
9Financial Businesses$100,000
10Cleaning Franchises$100,000

City Statistics and Other Information About Detroit

Demographics

From a total population of 663,150, Detroit has a median age of 34. The average age of males, in Detroit, is 33 while the average age of females is 36. When you compare the median age of men and women in Detroit, there is an average difference of 2.94 years.

Income

The median income of individuals, in Detroit, is $24,817 while the average household income is $40,745. In 2029, the average income per capita for Detroit is expected to be $24,817.

Additional Information

48201 - 48299
Wayne County

Is Detroit the Best Location for Franchise Opportunities and Growth?

What is the average income in Detroit?

The median household income in Detroit is $40,745, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Detroit an affordable place to start a franchise?

With a median income of $40,745, Detroit presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Detroit's income compare to other locations?

The median income of $40,745 in Detroit is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Detroit have a stable workforce to support my business?

Absolutely! With 128,387 employed individuals, Detroit offers a solid labor force to support franchise growth.

Is Detroit a growing economy?

With a workforce of 128,387 and a median household income of $40,745, Detroit provides an emerging economic environment for new business opportunities.

Does homeownership in Detroit indicate a stable market?

Homeownership rates at 127,259 show a strong local investment in the community, which benefits long-term franchise success.

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