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Showing results for ZIP 12787 (NY)
Home ZIP 02878

New Car Dealers Market: ZIP 02878

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02878 is an urban area with low foot traffic. with a population of 16,260 and household incomes above the national median ($99,542).

Area Profile

16,260
Population
$99,542
Median Income
+33% vs. national
Urban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 49.5 — older demographic, may prefer sit-down options.
College-Educated: 31.8% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 02878.

4
Used Car Dealers
2.5 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,050
2BR Fair Market Rent
$1,228
Median Gross Rent
$370 K
Median Home Value
3
Bank Branches
$340 K deposits

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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits