New Car Dealers Market: ZIP 02191
Opportunity Score
85
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02191 is an urban area with moderate foot traffic. with a population of 8,130 and household incomes well above the national median ($116,496).
Area Profile
8,130
Population
$116,496
Median Income
+56% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 49.3 —
older demographic, may prefer sit-down options.
College-Educated: 34.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,833
Median Gross Rent
$490 K
Median Home Value
1
Bank Branches
$66 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 $116,496. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
+56% vs. $74,580
Walkability
+1.9 pts vs. national avg
Nearby Markets
02189
2.6 mi
Pop: 15,231
$91,842
Walk: 13.1
02188
2.9 mi
Pop: 15,396
$102,236
02184
4.7 mi
Pop: 38,762
$125,305
Walk: 13.5
02169
4.8 mi
Pop: 60,928
$92,080
Walk: 14.8
02043
4.9 mi
Pop: 24,185
$181,017
Walk: 11.7
02170
5.0 mi
Pop: 19,685
$101,840
Walk: 15.6
02045
5.4 mi
Pop: 10,098
$127,112
Walk: 14.1
02190
5.4 mi
Pop: 19,029
$99,024
Walk: 8.8
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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