New Car Dealers Market: ZIP 48393
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48393 is an urban area with low foot traffic. with a population of 20,098 and household incomes near the national median ($67,194).
Area Profile
20,098
Population
$67,194
Median Income
-10% vs. national
Urban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 35.7 —
mixed-age market, broad menu appeal.
College-Educated: 30.7% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 48393.
8
Gas Stations
4.0 per 10K residents
3
Used Car Dealers
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$975
Median Gross Rent
$310 K
Median Home Value
3
Bank Branches
$370 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
- 11
- Bank Branches
- 3
vs. National Average
Median Income
-10% vs. $74,580
Walkability
-3.7 pts vs. national avg
Nearby Markets
48374
3.7 mi
Pop: 17,828
$185,203
Walk: 6.7
48381
4.1 mi
Pop: 13,737
$103,156
Walk: 7.8
48382
4.8 mi
Pop: 23,550
$132,602
Walk: 7.5
48377
5.1 mi
Pop: 19,775
$83,368
Walk: 8.7
48390
5.3 mi
Pop: 24,118
$89,411
Walk: 8.2
48165
5.3 mi
Pop: 9,141
$105,511
48167
6.3 mi
Pop: 23,281
$118,378
Walk: 7.8
48375
6.8 mi
Pop: 23,927
$112,978
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