New Car Dealers Market: ZIP 48195
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48195 is an urban area with low foot traffic. with a population of 29,551 and household incomes near the national median ($64,635). There are 6 new car dealers operations in ZIP 48195.
Area Profile
29,551
Population
$64,635
Median Income
-13% vs. national
Urban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 15.4% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48195.
6
New Car Dealers
Moderate — proven market
2.0 per 10K residents
14
Gas Stations
4.7 per 10K residents
What this means:
New Car Dealers are 30.0% of the relevant market in ZIP 48195 (6 vs. 14 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,290
2BR Fair Market Rent
$1,102
Median Gross Rent
$170 K
Median Home Value
5
Bank Branches
$600 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- New Car Dealers
- 6
- Related Businesses
- 14
- Bank Branches
- 5
vs. National Average
Median Income
-13% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
48193
2.1 mi
Pop: 16,485
$72,894
Walk: 7.7
48146
3.2 mi
Pop: 39,511
$57,183
Walk: 9.1
48192
3.4 mi
Pop: 24,593
$67,846
Walk: 8.5
48101
3.8 mi
Pop: 28,128
$80,045
Walk: 7.9
48180
4.5 mi
Pop: 62,405
$59,537
Walk: 7.6
48183
5.1 mi
Pop: 41,863
$82,020
Walk: 7.6
48122
5.3 mi
Pop: 12,605
$41,356
Walk: 9.0
48229
5.5 mi
Pop: 9,166
$45,148
Walk: 7.7
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