Is 28031 a good location for a bakery?

What public records measure around the center of ZIP 28031 in Mecklenburg County, North Carolina for a bakery: households and income, jobs within reach, resident spending and the bakeries already mapped there. Few mapped bakeries were found near the center, so the competition figures here are thin. Whether a particular address fits is a question about that address; check one free below.

ZIP 28031, Mecklenburg County, North Carolina

Bakery. Measured from the center of the ZIP, not an address. ZIP 28031 covers 14 square miles, so its edges are about 2 miles from the center. Jobs and competitors are counted within a mile of the center and resident spending within 3 miles; the household figures beside are for the whole ZIP. Checked Oct 22, 2026.

ZIP 28031
13,425 households
Median household income
$113,368
Residents
31,733
Bakeries with employees, 2023
0

What stands out

  1. A modest daytime workforce within a short walk

    906Jobs
    1,679Households

    906 jobs are within a 5-minute walk (0.25 mile) and 2,624 within 10 minutes (0.5 mile), from Census workplace records for 2023.

  2. A typical amount of nearby competition

    1Bakeries, donut and bagel shops
    0.26 miNearest rival

    Overture's places data lists 1 bakeries, donut and bagel shops within half a mile (0 chain, 1 local multi-location and 0 independent) and 2 within a mile.

  3. What spending nearby can support

    $958KMiddle-case sales
    $8,000Rent the middle case supports

    Spending near the center of this ZIP supports an estimated $517,000 to $1.8 million a year in sales for this business (middle case $958,000).

  4. A busy road for visibility; walk-in trade depends on pedestrians

    29,456Vehicles a day

    The nearest counted road is Sr-5544, 29,456 vehicles a day (FHWA HPMS 2024), about 930 feet away.

What the center of ZIP 28031 can sell each year

Middle case$958K

Sales a year, planning range

Low case$517K
High case$1.8M
Rivals within 1.5 mi3
Healthy share for this business
8% to 10%
Base rent the ZIP center supports
$3,450 to $15,250 a month

Resident, worker and student spending near the ZIP center, shared among competitors by distance (Huff model). A planning range with stated assumptions, not a forecast.

Competition

Competitors within half a mile1

44th percentile for nearby competition among 547 similar businesses in the Charlotte-Concord-Gastonia metro area

Near the metro median of 1
Within a quarter mile0
Within 1 mile2

Nearest competitors

  • Competitor 1Local group1,380 ft
  • Competitor 2Independent3,660 ft

Overture Maps Foundation places, 2026-09-23.1. Listings, not verified hours or menus.

Jobs within walking distance

10-minute walk2,624

Jobs at workplaces within half a mile

5-minute walk906
Within 1 mile5,268
Office-type, half mile773

Largest employers within a 10-minute walk

  • Retail718
  • Professional services384
  • Food service and lodging328
  • Health care281
  • Finance and insurance263

Census LEHD workplace records, jobs as of 2023. Straight-line distances. Office attendance is still roughly half to 60% of 2020 levels. Jobs are workplaces, not visits.

Traffic on nearby roads

Vehicles a day on Sr-554429,456

Nearest counted road, 2024 count

State DOT and FHWA annual average daily traffic, both directions. Vehicles, not foot traffic.

What an address adds

  • The free check of an addressThe same measurements within a short walk of one address in 28031: who lives and works right there, the competition on that block and the traffic on its road. No account.
  • The full reportFor one address: whether the rules allow a bakery there, the rent the location supports against the asking rent, what has opened and closed nearby, and the questions to settle before signing.

Have an address in 28031 in mind?

Check the address free

The bakery check reads the same public records at the address itself.

Sources: Overture Maps Foundation: Places (Overture Places release 2026-09-23.1); DoorWorthy demand model: resident, worker and student spending shared among competitors (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); U.S. Census Bureau: ACS (ACS 2020-2024 five-year estimates); U.S. Census Bureau Gazetteer: ZIP Code Tabulation Area center (ZCTA internal point; land area 14 square miles); U.S. Census ACS households by income with BLS Consumer Expenditure Survey spending (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); FHWA Highway Performance Monitoring System (Annual average daily traffic, latest count 2024); U.S. Census Bureau: LEHD LODES workplace jobs (LODES8 workplace area characteristics, jobs as of 2023); U.S. Census Bureau ZIP Code Business Patterns 2023 (establishments with paid employees). Listings and counts are public records, not visits or sales in this ZIP.

Questions about ZIP 28031.

ZIP 28031 for another business