New Car Dealers Market: ZIP 48442
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48442 is an urban area with low foot traffic. with a population of 22,720 and household incomes above the national median ($80,281).
Area Profile
22,720
Population
$80,281
Median Income
+8% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 21.6% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48442.
6
Gas Stations
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,243
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$75 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
- Very Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 1
vs. National Average
Median Income
+8% vs. $74,580
Walkability
-4.6 pts vs. national avg
Nearby Markets
48350
6.1 mi
Pop: 7,866
$108,568
48439
8.5 mi
Pop: 52,071
$88,505
Walk: 7.1
48356
10.0 mi
Pop: 8,017
$103,708
Walk: 5.4
48430
10.3 mi
Pop: 38,731
$99,755
Walk: 6.2
48357
10.3 mi
Pop: 8,523
$94,656
Walk: 5.9
48411
10.4 mi
Pop: 29
48438
11.0 mi
Pop: 7,305
$100,759
Walk: 8.3
48383
11.0 mi
Pop: 13,291
$98,617
Walk: 5.0
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