New Car Dealers Market: ZIP 01844
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01844 is an urban area with moderate foot traffic. with a population of 53,015 and household incomes well above the national median ($103,292).
Area Profile
53,015
Population
$103,292
Median Income
+38% vs. national
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Median Age: 40.5 —
older demographic, may prefer sit-down options.
College-Educated: 21.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 01844.
10
Gas Stations
1.9 per 10K residents
5
Used Car Dealers
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,980
2BR Fair Market Rent
$1,610
Median Gross Rent
$470 K
Median Home Value
13
Bank Branches
$1.5 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.
- The median income here is $103,292. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 15
- Bank Branches
- 13
vs. National Average
Median Income
+38% vs. $74,580
Walkability
+1.4 pts vs. national avg
Nearby Markets
01841
2.8 mi
Pop: 52,761
$54,525
Walk: 15.0
01840
2.8 mi
Pop: 7,092
$34,630
Walk: 17.5
01843
3.8 mi
Pop: 28,444
$72,163
Walk: 14.6
03079
4.3 mi
Pop: 30,646
$101,339
Walk: 7.1
01832
4.6 mi
Pop: 26,065
$81,141
Walk: 11.8
01835
5.8 mi
Pop: 14,637
$108,275
Walk: 11.8
01810
6.6 mi
Pop: 35,608
$167,591
Walk: 8.9
03811
6.7 mi
Pop: 7,222
$144,481
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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