New Car Dealers Market: ZIP 49424
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49424 is an urban area with low foot traffic. with a population of 48,995 and household incomes above the national median ($82,353).
Area Profile
48,995
Population
$82,353
Median Income
+10% vs. national
Urban
Area Type
6.0/20
Foot Traffic
Car-Dependent
Median Age: 38.7 —
mixed-age market, broad menu appeal.
College-Educated: 23.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 49424.
12
Gas Stations
2.4 per 10K residents
5
Used Car Dealers
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,157
Median Gross Rent
$270 K
Median Home Value
13
Bank Branches
$830 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
- 17
- Bank Branches
- 13
vs. National Average
Median Income
+10% vs. $74,580
Walkability
-4.5 pts vs. national avg
Nearby Markets
49434
6.9 mi
Pop: 96
Walk: 4.6
49460
7.0 mi
Pop: 8,891
$97,194
Walk: 4.7
49423
7.2 mi
Pop: 46,693
$78,524
Walk: 7.8
49464
10.1 mi
Pop: 29,738
$97,573
Walk: 5.8
49417
12.3 mi
Pop: 33,277
$84,476
Walk: 7.9
49453
12.3 mi
Pop: 2,729
$101,250
Walk: 5.1
49406
14.4 mi
Pop: 922
$95,417
49419
14.9 mi
Pop: 8,730
$92,708
Walk: 4.5
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