New Car Dealers Market: ZIP 48028
Opportunity Score
45
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48028 is an urban area with low foot traffic. with a population of 1,058 and household incomes well above the national median ($106,765).
Area Profile
1,058
Population
$106,765
Median Income
+43% vs. national
Urban
Area Type
4.4/20
Foot Traffic
Very Car-Dependent
Median Age: 63.4 —
older demographic, may prefer sit-down options.
College-Educated: 29.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$340 K
Median Home Value
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 $106,765. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+43% vs. $74,580
Walkability
-6.1 pts vs. national avg
Nearby Markets
48001
4.7 mi
Pop: 11,502
$64,538
Walk: 6.4
48023
9.1 mi
Pop: 4,980
$79,345
Walk: 5.8
48039
9.2 mi
Pop: 7,466
$76,304
Walk: 7.0
48047
12.6 mi
Pop: 39,825
$95,381
Walk: 6.9
48064
13.2 mi
Pop: 3,996
$79,375
Walk: 4.7
48045
13.9 mi
Pop: 24,118
$77,808
Walk: 6.2
48054
14.4 mi
Pop: 7,200
$76,992
Walk: 4.0
48051
16.3 mi
Pop: 17,716
$89,923
Walk: 6.2
Check Another Market
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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