New Car Dealers Market: ZIP 02881
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02881 is an urban area with low foot traffic.
Area Profile
7,183
Population
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 19.8 —
young market, strong street food demand.
College-Educated: 15.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,880
2BR Fair Market Rent
$1,368
Median Gross Rent
$480 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
- Foot Traffic
- Car-Dependent
vs. National Average
Walkability
-2.8 pts vs. national avg
Nearby Markets
02879
3.8 mi
Pop: 22,628
$115,848
Walk: 8.7
02874
4.0 mi
Pop: 6,715
$155,099
Walk: 8.7
02892
5.3 mi
Pop: 5,704
$143,534
Walk: 9.1
02882
5.9 mi
Pop: 12,984
$95,794
Walk: 12.5
02836
6.8 mi
Pop: 47
02822
7.7 mi
Pop: 6,139
$87,185
02875
7.8 mi
Pop: 206
$88,469
02852
8.6 mi
Pop: 23,269
$112,457
Walk: 9.2
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