New Car Dealers Market: ZIP 01702
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01702 is an urban area with moderate foot traffic. with a population of 39,761 and household incomes above the national median ($78,784). There are 7 new car dealers operations in ZIP 01702.
Area Profile
39,761
Population
$78,784
Median Income
+6% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 25.6% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 01702.
7
New Car Dealers
Moderate — proven market
1.8 per 10K residents
8
Used Car Dealers
2.0 per 10K residents
What this means:
New Car Dealers are 46.7% of the relevant market in ZIP 01702 (7 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,822
Median Gross Rent
$560 K
Median Home Value
8
Bank Branches
$1.3 M 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
- Foot Traffic
- Walkable
- New Car Dealers
- 7
- Related Businesses
- 8
- Bank Branches
- 8
vs. National Average
Median Income
+6% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
01701
2.6 mi
Pop: 32,270
$127,000
Walk: 9.7
01721
3.1 mi
Pop: 18,694
$127,106
Walk: 6.3
01745
4.4 mi
Pop: 660
$180,833
01770
5.6 mi
Pop: 4,404
$247,500
Walk: 6.1
01760
6.1 mi
Pop: 36,520
$134,644
Walk: 10.9
01746
6.1 mi
Pop: 14,964
$154,684
Walk: 7.3
01772
6.7 mi
Pop: 9,781
$196,680
Walk: 9.0
01776
7.1 mi
Pop: 19,067
$234,634
Walk: 6.7
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