New Car Dealers Market: ZIP 01583
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01583 is an urban area with moderate foot traffic. with a population of 7,516 and household incomes well above the national median ($100,427).
Area Profile
7,516
Population
$100,427
Median Income
+35% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 46.0 —
older demographic, may prefer sit-down options.
College-Educated: 33.1% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 01583.
3
Gas Stations
4.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,670
2BR Fair Market Rent
$1,248
Median Gross Rent
$400 K
Median Home Value
3
Bank Branches
$250 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.
- The median income here is $100,427. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
+35% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
01606
4.3 mi
Pop: 22,269
$92,537
Walk: 11.8
01564
5.1 mi
Pop: 8,111
$136,027
Walk: 5.9
01505
5.2 mi
Pop: 4,896
$124,732
Walk: 6.4
01520
5.3 mi
Pop: 16,864
$147,582
Walk: 5.2
01522
5.4 mi
Pop: 3,021
$118,824
Walk: 6.1
01605
5.9 mi
Pop: 31,086
$54,805
Walk: 14.6
01609
6.8 mi
Pop: 23,184
$61,411
Walk: 11.7
01510
7.3 mi
Pop: 15,430
$93,849
Walk: 9.1
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