New Car Dealers Market: ZIP 01103
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01103 is an urban area. with a population of 2,336 and household incomes below the national median ($21,458).
Area Profile
2,336
Population
$21,458
Median Income
-71% vs. national
Urban
Area Type
Median Age: 35.9 —
mixed-age market, broad menu appeal.
College-Educated: 27.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,690
2BR Fair Market Rent
$1,053
Median Gross Rent
$150 K
Median Home Value
6
Bank Branches
$700 K deposits
Tips for Starting a Ev Vs Gas Business in Massachusetts
- 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 $21,458. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 6
vs. National Average
Median Income
-71% vs. $74,580
Nearby Markets
01144
0.2 mi
Pop: 0
Walk: 15.7
01105
1.1 mi
Pop: 11,469
$22,994
Walk: 15.1
01107
1.6 mi
Pop: 12,270
$31,969
Walk: 13.8
01104
2.5 mi
Pop: 21,745
$47,530
Walk: 14.1
01108
2.6 mi
Pop: 27,409
$51,851
Walk: 14.3
01013
2.6 mi
Pop: 22,950
$64,039
Walk: 13.9
01109
3.0 mi
Pop: 31,418
$46,821
Walk: 14.2
01001
3.8 mi
Pop: 16,136
$71,924
Walk: 7.1
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