EVGasCompare
Showing results for ZIP 12974 (NY)
Home ZIP 48823

New Car Dealers Market: ZIP 48823

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48823 is an urban area with moderate foot traffic. with a population of 49,379 and household incomes near the national median ($50,837).

Area Profile

49,379
Population
$50,837
Median Income
-32% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 24.6 — young market, strong street food demand.
College-Educated: 31.3% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 48823.

9
Gas Stations
1.8 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,270
2BR Fair Market Rent
$1,127
Median Gross Rent
$260 K
Median Home Value
12
Bank Branches
$3.5 M 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
Walkable
Related Businesses
9
Bank Branches
12

vs. National Average

Median Income
-32% vs. $74,580
Walkability
+2.6 pts vs. national avg

Check Another Market

Or estimate costs with the EVGasCompare calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits