New Car Dealers Market: ZIP 49401
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49401 is an urban area with low foot traffic. with a population of 28,941 and household incomes near the national median ($73,020).
Area Profile
28,941
Population
$73,020
Median Income
-2% vs. national
Urban
Area Type
5.1/20
Foot Traffic
Very Car-Dependent
Median Age: 21.6 —
young market, strong street food demand.
College-Educated: 14.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 49401.
4
Gas Stations
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,083
Median Gross Rent
$300 K
Median Home Value
3
Bank Branches
$220 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
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 3
vs. National Average
Median Income
-2% vs. $74,580
Walkability
-5.4 pts vs. national avg
Nearby Markets
49430
4.7 mi
Pop: 48
49404
5.9 mi
Pop: 9,021
$77,970
Walk: 6.7
49435
9.1 mi
Pop: 3,881
$97,500
49464
9.3 mi
Pop: 29,738
$97,573
Walk: 5.8
49426
9.3 mi
Pop: 39,986
$106,981
Walk: 5.9
49428
9.3 mi
Pop: 28,090
$92,290
Walk: 6.7
49448
11.2 mi
Pop: 4,354
$81,536
Walk: 3.3
49534
11.9 mi
Pop: 23,387
$78,846
Walk: 11.7
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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