New Car Dealers Market: ZIP 48662
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48662 is an suburban area. with a population of 1,278 and household incomes near the national median ($69,112).
Area Profile
1,278
Population
$69,112
Median Income
-7% vs. national
Suburban
Area Type
Median Age: 46.5 —
older demographic, may prefer sit-down options.
College-Educated: 13.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$130 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
- Suburban
vs. National Average
Median Income
-7% vs. $74,580
Nearby Markets
48615
4.2 mi
Pop: 2,812
$72,656
48637
5.7 mi
Pop: 3,068
$63,900
Walk: 5.7
48880
11.8 mi
Pop: 9,952
$56,108
Walk: 5.6
48614
13.2 mi
Pop: 921
$60,568
48626
13.5 mi
Pop: 5,813
$81,961
Walk: 5.8
48640
13.6 mi
Pop: 32,630
$81,630
Walk: 6.4
48862
13.8 mi
Pop: 39
$48,750
48847
14.1 mi
Pop: 5,773
$63,967
Walk: 4.6
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