New Car Dealers Market: ZIP 48173
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48173 is an urban area with low foot traffic. with a population of 12,984 and household incomes above the national median ($90,510).
Area Profile
12,984
Population
$90,510
Median Income
+21% vs. national
Urban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 45.4 —
older demographic, may prefer sit-down options.
College-Educated: 17.4% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48173.
5
Gas Stations
3.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,290
2BR Fair Market Rent
$1,130
Median Gross Rent
$230 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
- Car-Dependent
- Related Businesses
- 5
vs. National Average
Median Income
+21% vs. $74,580
Walkability
-4.0 pts vs. national avg
Nearby Markets
48183
4.0 mi
Pop: 41,863
$82,020
Walk: 7.6
48179
4.0 mi
Pop: 3,353
$78,750
Walk: 4.2
48138
5.6 mi
Pop: 10,603
$124,934
Walk: 6.1
48134
6.2 mi
Pop: 24,472
$88,821
48193
6.9 mi
Pop: 16,485
$72,894
Walk: 7.7
48166
8.1 mi
Pop: 13,746
$70,923
Walk: 4.7
48195
9.1 mi
Pop: 29,551
$64,635
Walk: 8.9
48192
10.2 mi
Pop: 24,593
$67,846
Walk: 8.5
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