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Home ZIP 02145

New Car Dealers Market: ZIP 02145

Opportunity Score
92 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02145 is an urban area with high foot traffic. with a population of 27,929 and household incomes well above the national median ($119,167).

Area Profile

27,929
Population
$119,167
Median Income
+60% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 33.2 — mixed-age market, broad menu appeal.
College-Educated: 42.7% — strong appetite for artisan/specialty food.

Competition

New Car Dealers and related businesses in ZIP 02145.

3
Gas Stations
1.1 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$3,050
2BR Fair Market Rent
$2,377
Median Gross Rent
$780 K
Median Home Value
7
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.
  • The median income here is $119,167. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits