New Car Dealers Market: ZIP 48206
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48206 is an urban area with moderate foot traffic. with a population of 16,447 and household incomes below the national median ($43,702).
Area Profile
16,447
Population
$43,702
Median Income
-41% vs. national
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 16.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48206.
7
Gas Stations
4.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$923
Median Gross Rent
$100 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.
- Median income sits at $43,702. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 7
vs. National Average
Median Income
-41% vs. $74,580
Walkability
+1.4 pts vs. national avg
Nearby Markets
48202
2.1 mi
Pop: 14,792
$36,536
Walk: 13.4
48208
2.1 mi
Pop: 7,904
$29,742
Walk: 14.2
48204
2.5 mi
Pop: 19,723
$32,875
Walk: 12.4
48238
2.7 mi
Pop: 24,569
$30,286
Walk: 12.5
48210
3.0 mi
Pop: 26,925
$38,900
Walk: 12.4
48203
3.2 mi
Pop: 20,472
$35,108
Walk: 13.1
48201
3.8 mi
Pop: 14,327
$24,392
Walk: 14.5
48216
3.9 mi
Pop: 5,681
$42,278
Walk: 14.2
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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