New Car Dealers Market: ZIP 49048
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49048 is an urban area with low foot traffic. with a population of 23,999 and household incomes near the national median ($62,160).
Area Profile
23,999
Population
$62,160
Median Income
-17% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 34.0 —
mixed-age market, broad menu appeal.
College-Educated: 16.6% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 49048.
3
Gas Stations
1.3 per 10K residents
3
Used Car Dealers
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$1,032
Median Gross Rent
$160 K
Median Home Value
4
Bank Branches
$310 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
- 6
- Bank Branches
- 4
vs. National Average
Median Income
-17% vs. $74,580
Walkability
-3.5 pts vs. national avg
Nearby Markets
49074
4.5 mi
Pop: 212
$21,563
Walk: 6.9
49001
4.8 mi
Pop: 21,313
$52,327
49053
5.7 mi
Pop: 7,255
$80,074
Walk: 5.1
49002
6.8 mi
Pop: 19,444
$71,621
Walk: 6.3
49007
6.8 mi
Pop: 9,747
$39,309
Walk: 7.8
49004
6.9 mi
Pop: 17,796
$72,434
Walk: 10.7
49083
7.5 mi
Pop: 8,110
$111,604
Walk: 5.4
49088
8.1 mi
Pop: 3,747
$103,140
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