EVGasCompare
Showing results for ZIP 48519 (MI)
Home ZIP 90047

New Car Dealers Market: ZIP 90047

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 90047 is an urban area with moderate foot traffic. with a population of 50,925 and household incomes near the national median ($70,187).

Area Profile

50,925
Population
$70,187
Median Income
-6% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 38.6 — mixed-age market, broad menu appeal.
College-Educated: 14.5% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 90047.

8
Gas Stations
1.6 per 10K residents

Operating Costs

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

$2,290
2BR Fair Market Rent
$1,492
Median Gross Rent
$650 K
Median Home Value
1
Bank Branches
$220 K deposits

Tips for Starting a Ev Vs Gas Business in California

  • 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.

Data sources

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