New Car Dealers Market: ZIP 48137
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48137 is an urban area. with a population of 4,293 and household incomes above the national median ($82,813).
Area Profile
4,293
Population
$82,813
Median Income
+11% vs. national
Urban
Area Type
Median Age: 55.2 —
older demographic, may prefer sit-down options.
College-Educated: 23.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,135
Median Gross Rent
$280 K
Median Home Value
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
vs. National Average
Median Income
+11% vs. $74,580
Nearby Markets
48169
8.8 mi
Pop: 21,080
$108,886
Walk: 5.7
49285
9.4 mi
Pop: 6,120
$72,578
Walk: 3.5
48118
11.4 mi
Pop: 13,088
$87,934
Walk: 8.3
48843
12.6 mi
Pop: 46,902
$91,620
Walk: 5.2
48130
13.6 mi
Pop: 16,849
$131,875
Walk: 4.6
48836
13.6 mi
Pop: 14,978
$86,317
Walk: 9.3
48892
13.6 mi
Pop: 4,769
$81,978
Walk: 3.4
49259
13.9 mi
Pop: 2,616
$65,375
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