New Car Dealers Market: ZIP 48809
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48809 is an urban area with low foot traffic. with a population of 11,292 and household incomes near the national median ($67,172).
Area Profile
11,292
Population
$67,172
Median Income
-10% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 12.2% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48809.
3
Gas Stations
2.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$839
Median Gross Rent
$190 K
Median Home Value
2
Bank Branches
$140 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
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-10% vs. $74,580
Walkability
-3.3 pts vs. national avg
Nearby Markets
48838
7.4 mi
Pop: 17,925
$66,126
Walk: 8.2
48881
10.5 mi
Pop: 5,358
$76,915
Walk: 4.6
48865
10.6 mi
Pop: 1,904
$68,889
49331
10.8 mi
Pop: 17,419
$92,443
Walk: 7.1
49326
13.0 mi
Pop: 4,126
$78,824
48885
13.8 mi
Pop: 1,273
$68,958
Walk: 3.8
48846
15.1 mi
Pop: 21,940
$66,717
Walk: 5.9
48834
16.1 mi
Pop: 2,296
$60,870
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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