New Car Dealers Market: ZIP 02762
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02762 is an urban area. with a population of 9,872 and household incomes above the national median ($95,625).
Area Profile
9,872
Population
$95,625
Median Income
+28% vs. national
Urban
Area Type
Median Age: 43.6 —
older demographic, may prefer sit-down options.
College-Educated: 32.2% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 02762.
4
Gas Stations
4.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,901
Median Gross Rent
$460 K
Median Home Value
3
Bank Branches
$370 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
- Bank Branches
- 3
vs. National Average
Median Income
+28% vs. $74,580
Nearby Markets
02760
2.8 mi
Pop: 29,078
$109,350
Walk: 13.8
02093
3.1 mi
Pop: 12,305
$147,930
Walk: 7.3
02763
3.7 mi
Pop: 1,764
$109,970
Walk: 13.0
02703
6.3 mi
Pop: 46,479
$93,352
Walk: 10.9
02864
6.6 mi
Pop: 36,383
$118,737
Walk: 10.8
02038
7.1 mi
Pop: 33,067
$142,788
Walk: 7.4
02035
7.1 mi
Pop: 18,516
$108,559
Walk: 6.9
02056
7.2 mi
Pop: 11,556
$197,379
Walk: 7.0
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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