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Businesses for Sale | Southfield, Michigan

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

As of the 2024 ACH Map Data, Southfield, located in The Great Lakes State had a total population of 77,249 people.

Top Franchise Opportunities in Southfield, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Food & Restaurant$25,000
2Pet Franchises$90,000
3Business Services$50,000
4Computer & Internet Franchises$10,000
5Business Opportunities$100,000
6Business Opportunities$30,000
7Sports & Leisure$60,000
8Financial Franchises$70,000
9Food & Restaurant$200,000
10Financial Businesses$100,000

City Statistics and Other Information About Southfield

Demographics

From a total population of 77,249, Southfield has a median age of 43. The average age of males, in Southfield, is 39 while the average age of females is 46. When you compare the median age of men and women in Southfield, there is an average difference of 7.3 years.

Income

The median income of individuals, in Southfield, is $42,425 while the average household income is $66,733. In 2029, the average income per capita for Southfield is expected to be $42,425.

Additional Information

48033 - 48086
Oakland County

Is Southfield the Best Location for Franchise Opportunities and Growth?

What is the average income in Southfield?

The median household income in Southfield is $66,733, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Southfield an affordable place to start a franchise?

With a median income of $66,733, Southfield presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Southfield's income compare to other locations?

The median income of $66,733 in Southfield is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Southfield have a stable workforce to support my business?

Absolutely! With 18,140 employed individuals, Southfield offers a solid labor force to support franchise growth.

Is Southfield a growing economy?

With a workforce of 18,140 and a median household income of $66,733, Southfield provides an emerging economic environment for new business opportunities.

Does homeownership in Southfield indicate a stable market?

Homeownership rates at 17,902 show a strong local investment in the community, which benefits long-term franchise success.

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