New Car Dealers Market: ZIP 48059
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48059 is an urban area with low foot traffic. with a population of 15,371 and household incomes above the national median ($78,841).
Area Profile
15,371
Population
$78,841
Median Income
+6% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 48.5 —
older demographic, may prefer sit-down options.
College-Educated: 22.4% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48059.
4
Gas Stations
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$956
Median Gross Rent
$200 K
Median Home Value
5
Bank Branches
$440 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 5
vs. National Average
Median Income
+6% vs. $74,580
Walkability
-4.6 pts vs. national avg
Nearby Markets
48049
6.6 mi
Pop: 5,485
$86,250
Walk: 3.1
48060
7.5 mi
Pop: 39,502
$51,342
Walk: 8.2
48032
8.1 mi
Pop: 1,834
$89,000
Walk: 3.1
48074
10.8 mi
Pop: 9,617
$69,600
Walk: 5.2
48450
11.9 mi
Pop: 4,413
$58,297
Walk: 5.0
48040
12.3 mi
Pop: 9,942
$69,661
Walk: 9.9
48006
14.0 mi
Pop: 3,891
$70,451
Walk: 2.0
48422
16.5 mi
Pop: 6,172
$57,078
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