New Car Dealers Market: ZIP 48122
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48122 is an urban area with low foot traffic. with a population of 12,605 and household incomes below the national median ($41,356).
Area Profile
12,605
Population
$41,356
Median Income
-45% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 31.6 —
mixed-age market, broad menu appeal.
College-Educated: 8.6% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48122.
6
Gas Stations
4.8 per 10K residents
3
Used Car Dealers
2.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,116
Median Gross Rent
$110 K
Median Home Value
1
Bank Branches
$160 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.
- Median income sits at $41,356. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 1
vs. National Average
Median Income
-45% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
48217
1.9 mi
Pop: 6,437
$46,671
Walk: 11.7
48120
2.1 mi
Pop: 8,771
$66,667
Walk: 4.2
48101
2.3 mi
Pop: 28,128
$80,045
Walk: 7.9
48146
2.4 mi
Pop: 39,511
$57,183
Walk: 9.1
48229
3.5 mi
Pop: 9,166
$45,148
Walk: 7.7
48218
3.5 mi
Pop: 7,096
$32,683
Walk: 11.2
48126
3.6 mi
Pop: 52,075
$42,353
Walk: 14.7
48124
4.7 mi
Pop: 34,156
$78,353
Walk: 8.1
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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