New Car Dealers Market: ZIP 01247
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01247 is an suburban area with low foot traffic. with a population of 14,967 and household incomes near the national median ($55,544).
Area Profile
14,967
Population
$55,544
Median Income
-26% vs. national
Suburban
Area Type
9.4/20
Foot Traffic
Very Car-Dependent
Median Age: 44.9 —
older demographic, may prefer sit-down options.
College-Educated: 19.2% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 01247.
3
Gas Stations
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$786
Median Gross Rent
$190 K
Median Home Value
4
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
- Suburban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 4
vs. National Average
Median Income
-26% vs. $74,580
Walkability
-1.1 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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