New Car Dealers Market: ZIP 02841
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02841 is an urban area with moderate foot traffic.
Area Profile
1,414
Population
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 24.7 —
young market, strong street food demand.
College-Educated: 31.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,210
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
- Foot Traffic
- Very Car-Dependent
vs. National Average
Walkability
+3.7 pts vs. national avg
Nearby Markets
02840
2.2 mi
Pop: 23,615
$83,515
Walk: 14.5
02835
3.3 mi
Pop: 5,545
$141,442
Walk: 10.3
02842
4.0 mi
Pop: 16,920
$97,650
Walk: 11.5
02872
6.2 mi
Pop: 105
$132,969
02871
7.3 mi
Pop: 17,635
$119,135
Walk: 10.4
02874
10.0 mi
Pop: 6,715
$155,099
Walk: 8.7
02852
10.6 mi
Pop: 23,269
$112,457
Walk: 9.2
02837
11.3 mi
Pop: 3,601
$129,750
Walk: 6.8
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