New Car Dealers Market: ZIP 01542
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01542 is an urban area with low foot traffic. with a population of 2,572 and household incomes well above the national median ($107,674).
Area Profile
2,572
Population
$107,674
Median Income
+44% vs. national
Urban
Area Type
6.7/20
Foot Traffic
Car-Dependent
Median Age: 46.8 —
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.
$2,040
2BR Fair Market Rent
$1,571
Median Gross Rent
$380 K
Median Home Value
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.
- The median income here is $107,674. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+44% vs. $74,580
Walkability
-3.8 pts vs. national avg
Nearby Markets
01524
2.9 mi
Pop: 6,110
$93,191
01537
3.2 mi
Pop: 1,821
$94,261
01611
3.4 mi
Pop: 2,401
$118,389
Walk: 7.1
01501
4.4 mi
Pop: 16,780
$101,929
Walk: 11.6
01603
5.3 mi
Pop: 21,034
$63,646
Walk: 13.5
01602
6.0 mi
Pop: 25,791
$94,351
Walk: 14.1
01507
6.3 mi
Pop: 13,359
$119,809
Walk: 6.5
01562
6.4 mi
Pop: 11,961
$79,086
Walk: 8.4
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