New Car Dealers Market: ZIP 02143
Opportunity Score
93
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02143 is an urban area with high foot traffic. with a population of 25,161 and household incomes well above the national median ($126,102).
Area Profile
25,161
Population
$126,102
Median Income
+69% vs. national
Urban
Area Type
16.2/20
Foot Traffic
Very Walkable
Median Age: 32.8 —
mixed-age market, broad menu appeal.
College-Educated: 60.4% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 02143.
6
Used Car Dealers
2.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,100
2BR Fair Market Rent
$2,424
Median Gross Rent
$930 K
Median Home Value
3
Bank Branches
$290 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 $126,102. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 6
- Bank Branches
- 3
vs. National Average
Median Income
+69% vs. $74,580
Walkability
+5.7 pts vs. national avg
Nearby Markets
02145
0.8 mi
Pop: 27,929
$119,167
Walk: 15.5
02141
1.2 mi
Pop: 14,677
$120,542
Walk: 16.0
02139
1.4 mi
Pop: 39,609
$124,648
Walk: 15.9
02142
1.7 mi
Pop: 4,349
$168,788
Walk: 15.9
02144
2.2 mi
Pop: 25,009
$140,591
Walk: 16.8
02163
2.2 mi
Pop: 1,852
$74,028
02215
2.4 mi
Pop: 24,054
$65,827
Walk: 15.4
02114
2.4 mi
Pop: 13,853
$135,057
Walk: 15.7
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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