New Car Dealers Market: ZIP 48009
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48009 is an urban area with low foot traffic. with a population of 21,623 and household incomes well above the national median ($152,443).
Area Profile
21,623
Population
$152,443
Median Income
+104% vs. national
Urban
Area Type
9.4/20
Foot Traffic
Very Car-Dependent
Median Age: 41.1 —
older demographic, may prefer sit-down options.
College-Educated: 53.6% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 48009.
4
Gas Stations
1.8 per 10K residents
3
Used Car Dealers
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
$1,891
Median Gross Rent
$710 K
Median Home Value
16
Bank Branches
$3.3 M deposits
Tips for Starting a Ev Vs Gas Business in Michigan
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
- The median income here is $152,443. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 16
vs. National Average
Median Income
+104% vs. $74,580
Walkability
-1.1 pts vs. national avg
Nearby Markets
48084
3.1 mi
Pop: 15,659
$106,004
Walk: 9.0
48304
3.3 mi
Pop: 17,436
$140,700
Walk: 7.1
48076
3.3 mi
Pop: 24,817
$85,171
Walk: 8.9
48025
3.6 mi
Pop: 14,755
$177,126
Walk: 7.7
48072
3.9 mi
Pop: 15,084
$113,103
Walk: 9.7
48073
4.1 mi
Pop: 33,427
$86,426
Walk: 8.0
48301
4.5 mi
Pop: 14,749
$163,571
Walk: 7.7
48098
4.6 mi
Pop: 20,658
$165,781
Walk: 7.6
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits