New Car Dealers Market: ZIP 01524
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01524 is an urban area. with a population of 6,110 and household incomes above the national median ($93,191).
Area Profile
6,110
Population
$93,191
Median Income
+25% vs. national
Urban
Area Type
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 21.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,500
2BR Fair Market Rent
$1,055
Median Gross Rent
$390 K
Median Home Value
2
Bank Branches
$140 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
- Bank Branches
- 2
vs. National Average
Median Income
+25% vs. $74,580
Nearby Markets
01611
2.8 mi
Pop: 2,401
$118,389
Walk: 7.1
01542
2.9 mi
Pop: 2,572
$107,674
Walk: 6.7
01612
3.6 mi
Pop: 4,996
$133,750
Walk: 5.7
01602
4.9 mi
Pop: 25,791
$94,351
Walk: 14.1
01562
5.1 mi
Pop: 11,961
$79,086
Walk: 8.4
01603
5.1 mi
Pop: 21,034
$63,646
Walk: 13.5
01501
5.9 mi
Pop: 16,780
$101,929
Walk: 11.6
01537
6.2 mi
Pop: 1,821
$94,261
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