Is 49938 a good place to open a brewery?

Based on our analysis, 49938 (Ironwood, Michigan) is rated "Low Opportunity" with a Brewery Opportunity Score of 38.0/100. The area has 7,424 residents, $44,379 median household income, and a current BDI of 13.5.

What factors determine brewery opportunity in 49938?

The BOS for 49938 considers five factors: household income, demographics (25-44 age group at 5.0%), education (bachelor's+ at 23.5%), existing competition (BDI: 13.5), and accessibility.

Brewery Market Opportunity in Ironwood, MI 49938

Brewery Opportunity Score

38.0

Low Opportunity

ZIP code 49938 in Ironwood, Michigan currently shows limited opportunity for a new brewery (BOS: 38.0). The combination of demographics, income ($44,379), and current competition (BDI: 13.5) suggests this market may not be the strongest choice for a new venture at this time.

Population

7,424

Potential customer base

Median Income

$44,379

Household income

National Rank

#4,474

Top 3% nationally

Current BDI

13.5

View density →

Opportunity Score Breakdown

Each factor is scored 0–100 and weighted to produce the final BOS. Higher = better opportunity.

Income

Demographics (25-44)

Education

Low Competition

100

Accessibility

Existing Breweries in 49938 (1)

Name	Type
Cold Iron Brewing	Micro

Related Data for 49938

📊Brewery DensityCurrent brewery concentration in 49938 📈Michigan MarketState brewery trends & health

Nearby ZIP Codes

49931BOS: 65.9High Opportunity 49913BOS: 40.8Low Opportunity 49862BOS: 39.9Low Opportunity 49855BOS: 54.6Moderate Opportunity 49854BOS: 39.0Low Opportunity