New Car Dealers Market: ZIP 02343
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02343 is an urban area with low foot traffic. with a population of 11,267 and household incomes well above the national median ($107,198).
Area Profile
11,267
Population
$107,198
Median Income
+44% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 26.8% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 02343.
6
Gas Stations
5.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,522
Median Gross Rent
$440 K
Median Home Value
2
Bank Branches
$220 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 $107,198. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 2
vs. National Average
Median Income
+44% vs. $74,580
Walkability
-2.8 pts vs. national avg
Nearby Markets
02351
3.3 mi
Pop: 17,008
$119,787
Walk: 9.5
02302
3.5 mi
Pop: 36,472
$87,560
Walk: 12.2
02190
3.6 mi
Pop: 19,029
$99,024
Walk: 8.8
02322
3.9 mi
Pop: 4,753
$129,487
Walk: 11.5
02184
4.6 mi
Pop: 38,762
$125,305
Walk: 13.5
02368
4.6 mi
Pop: 34,736
$103,321
Walk: 11.7
02188
5.2 mi
Pop: 15,396
$102,236
02301
5.3 mi
Pop: 68,608
$72,727
Walk: 13.9
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