New Car Dealers Market: ZIP 48166
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48166 is an urban area with low foot traffic. with a population of 13,746 and household incomes near the national median ($70,923).
Area Profile
13,746
Population
$70,923
Median Income
-5% vs. national
Urban
Area Type
4.7/20
Foot Traffic
Very Car-Dependent
Median Age: 37.7 —
mixed-age market, broad menu appeal.
College-Educated: 12.4% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48166.
4
Gas Stations
2.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,410
2BR Fair Market Rent
$1,203
Median Gross Rent
$220 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
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
vs. National Average
Median Income
-5% vs. $74,580
Walkability
-5.8 pts vs. national avg
Nearby Markets
48179
4.1 mi
Pop: 3,353
$78,750
Walk: 4.2
48173
8.1 mi
Pop: 12,984
$90,510
Walk: 6.5
48134
8.2 mi
Pop: 24,472
$88,821
48117
9.2 mi
Pop: 10,199
$76,600
48162
9.6 mi
Pop: 28,275
$68,801
Walk: 6.7
48183
11.1 mi
Pop: 41,863
$82,020
Walk: 7.6
48164
12.3 mi
Pop: 9,577
$111,173
Walk: 4.8
48161
13.6 mi
Pop: 26,556
$65,517
Walk: 7.1
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