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New Car Dealers Market: ZIP 01610

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01610 is an urban area with moderate foot traffic. with a population of 28,719 and household incomes below the national median ($43,757).

Area Profile

28,719
Population
$43,757
Median Income
-41% vs. national
Urban
Area Type
14.6/20
Foot Traffic
Very Car-Dependent
Median Age: 26.2 — young market, strong street food demand.
College-Educated: 9.6% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 01610.

6
Gas Stations
2.1 per 10K residents
5
Used Car Dealers
1.7 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,660
2BR Fair Market Rent
$1,339
Median Gross Rent
$280 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.
  • Median income sits at $43,757. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits