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Showing results for ZIP 24263 (VA)
Home ZIP 00949

New Car Dealers Market: ZIP 00949

Opportunity Score
43 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 00949 is an urban area with low foot traffic. with a population of 66,714 and household incomes below the national median ($33,380).

Area Profile

66,714
Population
$33,380
Median Income
-55% vs. national
Urban
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 42.4 — older demographic, may prefer sit-down options.
College-Educated: 21.9% — value-focused market, keep prices competitive.

Operating Costs

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

$700
2BR Fair Market Rent
$724
Median Gross Rent
$140 K
Median Home Value
1
Bank Branches
$120 K deposits

Tips for Starting a Ev Vs Gas Business in ZIP 00949

  • 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.
  • Median income sits at $33,380. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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