New Car Dealers Market: ZIP 02838
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02838 is an urban area. with a population of 4,007 and household incomes above the national median ($82,075).
Area Profile
4,007
Population
$82,075
Median Income
+10% vs. national
Urban
Area Type
Median Age: 35.1 —
mixed-age market, broad menu appeal.
College-Educated: 32.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,640
2BR Fair Market Rent
$1,311
Median Gross Rent
$330 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
+10% vs. $74,580
Nearby Markets
02802
1.8 mi
Pop: 531
$125,522
02895
2.9 mi
Pop: 43,081
$58,579
Walk: 12.4
02865
4.0 mi
Pop: 18,033
$117,042
Walk: 9.9
02864
4.1 mi
Pop: 36,383
$118,737
Walk: 10.8
02896
4.5 mi
Pop: 11,683
$109,436
Walk: 8.8
02917
5.1 mi
Pop: 15,068
$106,772
Walk: 8.9
02824
6.2 mi
Pop: 375
$158,438
01504
6.3 mi
Pop: 9,211
$98,986
Walk: 7.5
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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