New Car Dealers Market: ZIP 48105
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48105 is an urban area with moderate foot traffic. with a population of 36,959 and household incomes above the national median ($94,737).
Area Profile
36,959
Population
$94,737
Median Income
+27% vs. national
Urban
Area Type
12.1/20
Foot Traffic
Walkable
Median Age: 31.8 —
mixed-age market, broad menu appeal.
College-Educated: 52.0% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 48105.
5
Gas Stations
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,860
2BR Fair Market Rent
$1,603
Median Gross Rent
$490 K
Median Home Value
7
Bank Branches
$1.1 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 7
vs. National Average
Median Income
+27% vs. $74,580
Walkability
+1.6 pts vs. national avg
Nearby Markets
48109
2.6 mi
Pop: 5,722
Walk: 14.6
48104
4.7 mi
Pop: 43,762
$63,341
Walk: 13.2
48108
7.7 mi
Pop: 27,472
$80,425
Walk: 12.7
48189
8.2 mi
Pop: 13,748
$82,433
Walk: 5.4
48198
8.4 mi
Pop: 39,507
$63,678
Walk: 10.4
48178
8.5 mi
Pop: 37,303
$130,781
Walk: 6.4
48197
10.0 mi
Pop: 65,911
$70,913
Walk: 9.8
48103
11.3 mi
Pop: 54,635
$115,513
Walk: 11.3
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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