New Car Dealers Market: ZIP 02822
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02822 is an urban area. with a population of 6,139 and household incomes above the national median ($87,185).
Area Profile
6,139
Population
$87,185
Median Income
+17% vs. national
Urban
Area Type
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 27.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,060
2BR Fair Market Rent
$1,128
Median Gross Rent
$470 K
Median Home Value
Tips for Starting a Ev Vs Gas Business in Rhode Island
- 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
vs. National Average
Median Income
+17% vs. $74,580
Nearby Markets
02892
5.3 mi
Pop: 5,704
$143,534
Walk: 9.1
02817
6.2 mi
Pop: 6,598
$137,485
Walk: 6.1
02898
6.9 mi
Pop: 1,745
$124,083
Walk: 6.2
02881
7.7 mi
Pop: 7,183
Walk: 7.7
02812
8.3 mi
Pop: 1,432
$111,711
02818
8.4 mi
Pop: 19,869
$120,952
Walk: 11.2
02893
8.5 mi
Pop: 31,025
$73,903
Walk: 12.2
02836
8.7 mi
Pop: 47
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