New Car Dealers Market: ZIP 02718
Opportunity Score
94
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02718 is an urban area. with a population of 7,125 and household incomes well above the national median ($107,570).
Area Profile
7,125
Population
$107,570
Median Income
+44% vs. national
Urban
Area Type
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 18.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 02718.
3
Gas Stations
4.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,250
2BR Fair Market Rent
$1,683
Median Gross Rent
$440 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.
- The median income here is $107,570. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
vs. National Average
Median Income
+44% vs. $74,580
Nearby Markets
02347
4.3 mi
Pop: 11,732
$126,182
Walk: 6.7
02779
4.9 mi
Pop: 6,789
$123,877
Walk: 5.2
02767
6.0 mi
Pop: 15,337
$119,550
Walk: 8.1
02702
6.3 mi
Pop: 4,445
$145,324
02717
7.4 mi
Pop: 4,777
$143,281
Walk: 4.0
02324
7.9 mi
Pop: 26,022
$112,445
Walk: 4.6
02780
8.0 mi
Pop: 52,530
$75,054
Walk: 10.5
02325
9.4 mi
Pop: 2,647
Walk: 8.3
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