New Car Dealers Market: ZIP 48201
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48201 is an urban area with moderate foot traffic. with a population of 14,327 and household incomes below the national median ($24,392).
Area Profile
14,327
Population
$24,392
Median Income
-67% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 26.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$841
Median Gross Rent
$400 K
Median Home Value
6
Bank Branches
$170 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.
- Median income sits at $24,392. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 6
vs. National Average
Median Income
-67% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
48226
1.2 mi
Pop: 6,893
$69,813
Walk: 18.0
48233
1.7 mi
Pop: 0
Walk: 16.5
48243
1.8 mi
Pop: 0
Walk: 19.0
48216
1.9 mi
Pop: 5,681
$42,278
Walk: 14.2
48208
2.2 mi
Pop: 7,904
$29,742
Walk: 14.2
48202
2.3 mi
Pop: 14,792
$36,536
Walk: 13.4
48211
2.6 mi
Pop: 5,556
$33,347
Walk: 12.6
48207
3.3 mi
Pop: 20,068
$44,561
Walk: 14.9
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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