Businesses for Sale | Hamtramck, Michigan
Discover business opportunities, in or around Hamtramck, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Hamtramck, located in The Great Lakes State had a total population of 27,567 people.
City Statistics and Other Information About Hamtramck
Demographics
From a total population of 27,567, Hamtramck has a median age of 29. The average age of males, in Hamtramck, is 30 while the average age of females is 29. When you compare the median age of men and women in Hamtramck, there is an average difference of 0.46 years.
Income
The median income of individuals, in Hamtramck, is $16,777 while the average household income is $42,799. In 2029, the average income per capita for Hamtramck is expected to be $16,777.
Additional Information
48212Wayne County
Is Hamtramck the Best Location for Franchise Opportunities and Growth?
What is the average income in Hamtramck?
The median household income in Hamtramck is $42,799, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Hamtramck an affordable place to start a franchise?
With a median income of $42,799, Hamtramck presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Hamtramck's income compare to other locations?
The median income of $42,799 in Hamtramck is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Hamtramck have a stable workforce to support my business?
Absolutely! With 6,175 employed individuals, Hamtramck offers a solid labor force to support franchise growth.
Is Hamtramck a growing economy?
With a workforce of 6,175 and a median household income of $42,799, Hamtramck provides an emerging economic environment for new business opportunities.
Does homeownership in Hamtramck indicate a stable market?
Homeownership rates at 4,133 show a strong local investment in the community, which benefits long-term franchise success.
