EVGasCompare
Showing results for ZIP 49874 (MI)
Home ZIP 94965

New Car Dealers Market: ZIP 94965

Opportunity Score
85 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 94965 is an urban area with moderate foot traffic. with a population of 12,160 and household incomes well above the national median ($140,417).

Area Profile

12,160
Population
$140,417
Median Income
+88% vs. national
Urban
Area Type
10.9/20
Foot Traffic
Walkable
Median Age: 51.2 — older demographic, may prefer sit-down options.
College-Educated: 54.4% — strong appetite for artisan/specialty food.

Operating Costs

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

$3,570
2BR Fair Market Rent
$2,952
Median Gross Rent
$1.5 M
Median Home Value
3
Bank Branches
$380 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.
  • The median income here is $140,417. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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