New Car Dealers Market: ZIP 06109
Opportunity Score
87
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06109 is an urban area with moderate foot traffic. with a population of 27,180 and household incomes well above the national median ($118,523).
Area Profile
27,180
Population
$118,523
Median Income
+59% vs. national
Urban
Area Type
11.8/20
Foot Traffic
Walkable
Median Age: 44.1 —
older demographic, may prefer sit-down options.
College-Educated: 39.4% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 06109.
7
Gas Stations
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,560
2BR Fair Market Rent
$1,303
Median Gross Rent
$300 K
Median Home Value
10
Bank Branches
$1.1 M deposits
Tips for Starting a Ev Vs Gas Business in Connecticut
- 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.
- The median income here is $118,523. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 7
- Bank Branches
- 10
vs. National Average
Median Income
+59% vs. $74,580
Walkability
+1.3 pts vs. national avg
Nearby Markets
06114
2.6 mi
Pop: 25,283
$47,905
Walk: 14.0
06067
3.2 mi
Pop: 20,716
$100,122
Walk: 12.7
06106
3.7 mi
Pop: 37,809
$47,542
Walk: 14.2
06103
4.3 mi
Pop: 2,845
$79,476
06111
4.4 mi
Pop: 30,551
$98,585
Walk: 11.2
06110
4.9 mi
Pop: 12,307
$81,972
Walk: 13.2
06118
5.2 mi
Pop: 26,771
$75,523
Walk: 10.8
06105
5.5 mi
Pop: 18,660
$41,235
Walk: 12.8
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