EVGasCompare
Showing results for ZIP 52560 (IA)
Home ZIP 02907

New Car Dealers Market: ZIP 02907

Opportunity Score
67 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02907 is an urban area with high foot traffic. with a population of 31,427 and household incomes below the national median ($49,564).

Area Profile

31,427
Population
$49,564
Median Income
-34% vs. national
Urban
Area Type
16.0/20
Foot Traffic
Very Walkable
Median Age: 34.9 — mixed-age market, broad menu appeal.
College-Educated: 12.4% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 02907.

7
Gas Stations
2.2 per 10K residents
9
Used Car Dealers
2.9 per 10K residents

Operating Costs

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

$1,530
2BR Fair Market Rent
$1,136
Median Gross Rent
$310 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.

Data sources

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