New Car Dealers Market: ZIP 48341
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48341 is an urban area with low foot traffic. with a population of 19,060 and household incomes below the national median ($46,185).
Area Profile
19,060
Population
$46,185
Median Income
-38% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 38.0 —
mixed-age market, broad menu appeal.
College-Educated: 16.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48341.
6
Gas Stations
3.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$917
Median Gross Rent
$120 K
Median Home Value
2
Bank Branches
$160 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
- Related Businesses
- 6
- Bank Branches
- 2
vs. National Average
Median Income
-38% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
48342
1.7 mi
Pop: 17,227
$33,750
Walk: 7.3
48302
3.2 mi
Pop: 17,346
$175,698
Walk: 7.7
48340
3.2 mi
Pop: 25,696
$46,474
Walk: 7.2
48320
3.4 mi
Pop: 4,257
$77,700
Walk: 9.5
48304
4.8 mi
Pop: 17,436
$140,700
Walk: 7.1
48328
5.2 mi
Pop: 25,409
$69,788
Walk: 6.9
48326
5.4 mi
Pop: 24,488
$79,468
Walk: 7.4
48301
5.8 mi
Pop: 14,749
$163,571
Walk: 7.7
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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