New Car Dealers Market: ZIP 01864
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01864 is an urban area. with a population of 15,634 and household incomes well above the national median ($150,820).
Area Profile
15,634
Population
$150,820
Median Income
+102% vs. national
Urban
Area Type
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 39.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,840
2BR Fair Market Rent
$2,253
Median Gross Rent
$680 K
Median Home Value
5
Bank Branches
$580 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 $150,820. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 5
vs. National Average
Median Income
+102% vs. $74,580
Nearby Markets
01867
3.3 mi
Pop: 25,474
$163,407
Walk: 10.1
01940
4.4 mi
Pop: 13,183
$171,044
Walk: 7.1
01880
5.3 mi
Pop: 27,258
$130,419
Walk: 12.4
01887
5.6 mi
Pop: 23,195
$161,473
Walk: 7.9
01949
5.8 mi
Pop: 9,727
$171,458
01845
6.6 mi
Pop: 31,881
$134,319
Walk: 11.4
01937
6.9 mi
Pop: 146
Walk: 9.7
01810
7.2 mi
Pop: 35,608
$167,591
Walk: 8.9
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