New Car Dealers Market: ZIP 02823
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02823 is an urban area.
Area Profile
20
Population
Urban
Area Type
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,610
2BR Fair Market Rent
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
Nearby Markets
02921
2.8 mi
Pop: 12,673
$135,500
Walk: 10.0
02831
3.0 mi
Pop: 3,665
$135,106
Walk: 8.2
02893
4.0 mi
Pop: 31,025
$73,903
Walk: 12.2
02920
5.9 mi
Pop: 36,332
$79,246
Walk: 16.0
02816
6.0 mi
Pop: 33,246
$97,941
Walk: 11.4
02886
6.5 mi
Pop: 30,925
$91,037
Walk: 12.5
02919
6.7 mi
Pop: 29,473
$87,811
Walk: 12.4
02818
7.4 mi
Pop: 19,869
$120,952
Walk: 11.2
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