New Car Dealers Market: ZIP 48092
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48092 is an urban area with low foot traffic. with a population of 27,867 and household incomes near the national median ($71,761).
Area Profile
27,867
Population
$71,761
Median Income
-4% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 19.4% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48092.
14
Gas Stations
5.0 per 10K residents
7
Used Car Dealers
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,430
2BR Fair Market Rent
$1,186
Median Gross Rent
$210 K
Median Home Value
6
Bank Branches
$600 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
- Car-Dependent
- Related Businesses
- 21
- Bank Branches
- 6
vs. National Average
Median Income
-4% vs. $74,580
Walkability
-2.5 pts vs. national avg
Nearby Markets
48071
3.0 mi
Pop: 28,411
$66,726
Walk: 8.8
48093
3.0 mi
Pop: 24,485
$66,420
Walk: 7.8
48015
3.1 mi
Pop: 8,448
$52,857
Walk: 7.7
48091
3.1 mi
Pop: 30,207
$53,400
Walk: 8.5
48310
3.8 mi
Pop: 43,218
$77,851
Walk: 8.3
48030
4.4 mi
Pop: 14,945
$62,878
Walk: 9.9
48312
4.7 mi
Pop: 35,026
$71,266
Walk: 7.3
48083
5.0 mi
Pop: 23,619
$88,551
Walk: 8.8
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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