New Car Dealers Market: ZIP 48872
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48872 is an urban area with low foot traffic. with a population of 6,421 and household incomes above the national median ($79,434).
Area Profile
6,421
Population
$79,434
Median Income
+7% vs. national
Urban
Area Type
3.8/20
Foot Traffic
Very Car-Dependent
Median Age: 42.8 —
older demographic, may prefer sit-down options.
College-Educated: 16.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 48872.
3
Gas Stations
4.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,230
2BR Fair Market Rent
$972
Median Gross Rent
$220 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
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+7% vs. $74,580
Walkability
-6.7 pts vs. national avg
Nearby Markets
48857
5.5 mi
Pop: 3,488
$81,319
48895
8.5 mi
Pop: 11,294
$100,565
Walk: 6.3
48848
10.8 mi
Pop: 7,795
$92,928
Walk: 5.5
48414
10.8 mi
Pop: 2,824
$66,071
48840
11.1 mi
Pop: 12,653
$74,252
Walk: 8.0
48892
11.3 mi
Pop: 4,769
$81,978
Walk: 3.4
48864
13.4 mi
Pop: 23,548
$113,145
Walk: 9.3
48836
13.5 mi
Pop: 14,978
$86,317
Walk: 9.3
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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