New Car Dealers Market: ZIP 02720
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02720 is an urban area with moderate foot traffic. with a population of 31,063 and household incomes near the national median ($62,907).
Area Profile
31,063
Population
$62,907
Median Income
-16% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 15.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 02720.
5
Gas Stations
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,177
Median Gross Rent
$360 K
Median Home Value
10
Bank Branches
$1.1 M 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 10
vs. National Average
Median Income
-16% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
02723
2.9 mi
Pop: 17,111
$41,789
Walk: 14.8
02726
3.3 mi
Pop: 15,946
$110,427
Walk: 10.1
02721
4.5 mi
Pop: 25,922
$50,666
Walk: 14.8
02702
5.3 mi
Pop: 4,445
$145,324
02725
5.4 mi
Pop: 2,300
$127,228
02724
5.6 mi
Pop: 18,758
$49,809
Walk: 14.8
02715
6.3 mi
Pop: 3,778
$137,500
02777
7.5 mi
Pop: 17,231
$116,627
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