New Car Dealers Market: ZIP 48335
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48335 is an urban area with low foot traffic. with a population of 24,298 and household incomes above the national median ($96,359). There are 9 new car dealers operations in ZIP 48335.
Area Profile
24,298
Population
$96,359
Median Income
+29% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 36.0 —
mixed-age market, broad menu appeal.
College-Educated: 49.7% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 48335.
9
New Car Dealers
Moderate — proven market
3.7 per 10K residents
5
Gas Stations
2.1 per 10K residents
What this means:
New Car Dealers are 64.3% of the relevant market in ZIP 48335 (9 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,830
2BR Fair Market Rent
$1,451
Median Gross Rent
$370 K
Median Home Value
3
Bank Branches
$1.3 M 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
- 9
- Related Businesses
- 5
- Bank Branches
- 3
vs. National Average
Median Income
+29% vs. $74,580
Walkability
-3.5 pts vs. national avg
Nearby Markets
48331
2.7 mi
Pop: 22,033
$121,101
Walk: 7.8
48152
3.4 mi
Pop: 30,394
$89,019
Walk: 7.7
48336
3.9 mi
Pop: 26,920
$85,325
Walk: 8.0
48375
4.1 mi
Pop: 23,927
$112,978
Walk: 7.7
48334
4.8 mi
Pop: 19,218
$98,937
Walk: 8.4
48154
5.0 mi
Pop: 36,915
$103,763
Walk: 7.9
48322
5.4 mi
Pop: 33,197
$118,001
Walk: 7.8
48377
5.6 mi
Pop: 19,775
$83,368
Walk: 8.7
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