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Home ZIP 48128

New Car Dealers Market: ZIP 48128

Opportunity Score
75 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48128 is an urban area with low foot traffic. with a population of 12,844 and household incomes above the national median ($98,362).

Area Profile

12,844
Population
$98,362
Median Income
+32% vs. national
Urban
Area Type
9.5/20
Foot Traffic
Very Car-Dependent
Median Age: 36.0 — mixed-age market, broad menu appeal.
College-Educated: 32.6% — balanced market for quality & value.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,010
2BR Fair Market Rent
$1,556
Median Gross Rent
$240 K
Median Home Value
2
Bank Branches
$98 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits