New Car Dealers Market: ZIP 48235
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48235 is an urban area with moderate foot traffic. with a population of 46,960 and household incomes below the national median ($41,011).
Area Profile
46,960
Population
$41,011
Median Income
-45% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 37.6 —
mixed-age market, broad menu appeal.
College-Educated: 9.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48235.
19
Gas Stations
4.0 per 10K residents
4
Used Car Dealers
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,290
2BR Fair Market Rent
$1,151
Median Gross Rent
$79 K
Median Home Value
3
Bank Branches
$190 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 $41,011. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 23
- Bank Branches
- 3
vs. National Average
Median Income
-45% vs. $74,580
Walkability
+2.6 pts vs. national avg
Nearby Markets
48227
2.7 mi
Pop: 39,474
$36,221
Walk: 12.5
48237
2.7 mi
Pop: 29,370
$65,882
Walk: 9.1
48221
3.1 mi
Pop: 41,750
$55,583
Walk: 12.9
48075
3.4 mi
Pop: 23,158
$67,630
Walk: 10.9
48219
3.9 mi
Pop: 45,788
$43,882
Walk: 12.2
48223
4.2 mi
Pop: 24,262
$42,324
Walk: 11.7
48070
4.2 mi
Pop: 6,322
$188,229
Walk: 9.2
48238
4.3 mi
Pop: 24,569
$30,286
Walk: 12.5
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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