New Car Dealers Market: ZIP 02053
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02053 is an urban area with low foot traffic. with a population of 13,251 and household incomes well above the national median ($174,357).
Area Profile
13,251
Population
$174,357
Median Income
+134% vs. national
Urban
Area Type
9.7/20
Foot Traffic
Very Car-Dependent
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 43.0% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 02053.
4
Gas Stations
3.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,570
Median Gross Rent
$590 K
Median Home Value
4
Bank Branches
$490 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 $174,357. 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
- 4
- Bank Branches
- 4
vs. National Average
Median Income
+134% vs. $74,580
Walkability
-0.8 pts vs. national avg
Nearby Markets
01746
3.2 mi
Pop: 14,964
$154,684
Walk: 7.3
02054
4.7 mi
Pop: 8,699
$149,021
02038
5.1 mi
Pop: 33,067
$142,788
Walk: 7.4
01757
6.3 mi
Pop: 30,473
$92,951
Walk: 11.0
02019
6.3 mi
Pop: 17,160
$120,966
01770
6.6 mi
Pop: 4,404
$247,500
Walk: 6.1
01747
7.3 mi
Pop: 6,024
$115,216
Walk: 6.1
02056
7.5 mi
Pop: 11,556
$197,379
Walk: 7.0
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