New Car Dealers Market: ZIP 02540
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02540 is an urban area with moderate foot traffic. with a population of 8,354 and household incomes above the national median ($88,266).
Area Profile
8,354
Population
$88,266
Median Income
+18% vs. national
Urban
Area Type
11.6/20
Foot Traffic
Walkable
Median Age: 62.4 —
older demographic, may prefer sit-down options.
College-Educated: 49.2% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 02540.
4
Gas Stations
4.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,900
2BR Fair Market Rent
$1,328
Median Gross Rent
$760 K
Median Home Value
10
Bank Branches
$1.5 M deposits
Tips for Starting a Ev Vs Gas Business in ZIP 02540
- 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
- Walkable
- Related Businesses
- 4
- Bank Branches
- 10
vs. National Average
Median Income
+18% vs. $74,580
Walkability
+1.1 pts vs. national avg
Nearby Markets
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