New Car Dealers Market: ZIP 48417
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48417 is an urban area. with a population of 2,310 and household incomes near the national median ($70,280).
Area Profile
2,310
Population
$70,280
Median Income
-6% vs. national
Urban
Area Type
Median Age: 49.0 —
older demographic, may prefer sit-down options.
College-Educated: 5.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48417.
3
Gas Stations
13.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$875
Median Gross Rent
$160 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
vs. National Average
Median Income
-6% vs. $74,580
Nearby Markets
48457
5.8 mi
Pop: 8,694
$64,583
Walk: 4.7
48722
8.8 mi
Pop: 3,147
$68,777
Walk: 5.0
48415
9.1 mi
Pop: 8,601
$76,311
48601
9.8 mi
Pop: 32,069
$37,830
Walk: 6.6
48460
10.0 mi
Pop: 2,727
$81,146
Walk: 5.3
48602
11.2 mi
Pop: 27,490
$46,068
Walk: 8.2
48607
11.8 mi
Pop: 1,523
$39,211
Walk: 9.1
48638
12.2 mi
Pop: 12,668
$63,444
Walk: 6.6
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