New Car Dealers Market: ZIP 01104
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01104 is an urban area with moderate foot traffic. with a population of 21,745 and household incomes below the national median ($47,530).
Area Profile
21,745
Population
$47,530
Median Income
-36% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 8.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 01104.
13
Gas Stations
6.0 per 10K residents
3
Used Car Dealers
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,550
2BR Fair Market Rent
$1,004
Median Gross Rent
$210 K
Median Home Value
6
Bank Branches
$380 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 16
- Bank Branches
- 6
vs. National Average
Median Income
-36% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
01109
1.5 mi
Pop: 31,418
$46,821
Walk: 14.2
01013
2.0 mi
Pop: 22,950
$64,039
Walk: 13.9
01103
2.5 mi
Pop: 2,336
$21,458
01144
2.7 mi
Pop: 0
Walk: 15.7
01105
2.7 mi
Pop: 11,469
$22,994
Walk: 15.1
01020
2.8 mi
Pop: 30,230
$70,971
Walk: 12.1
01107
2.9 mi
Pop: 12,270
$31,969
Walk: 13.8
01108
3.5 mi
Pop: 27,409
$51,851
Walk: 14.3
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