New Car Dealers Market: ZIP 02350
Opportunity Score
32
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02350 is an urban area with low foot traffic. with a population of 149 and household incomes above the national median ($86,023).
Area Profile
149
Population
$86,023
Median Income
+15% vs. national
Urban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 48.2 —
older demographic, may prefer sit-down options.
College-Educated: 28.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,180
2BR Fair Market Rent
$310 K
Median Home Value
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+15% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
02338
1.8 mi
Pop: 7,734
$106,851
Walk: 7.0
02341
2.5 mi
Pop: 10,466
$112,457
Walk: 6.0
02359
4.3 mi
Pop: 18,335
$141,332
Walk: 6.6
02367
5.2 mi
Pop: 2,934
$119,750
Walk: 3.9
02333
6.7 mi
Pop: 14,420
$128,679
Walk: 6.5
02339
7.1 mi
Pop: 14,800
$174,821
Walk: 6.9
02364
7.5 mi
Pop: 13,782
$115,863
Walk: 7.7
02382
7.6 mi
Pop: 15,215
$107,794
Walk: 8.6
Check Another Market
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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