New Car Dealers Market: ZIP 08050
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08050 is an urban area with low foot traffic. with a population of 27,599 and household incomes well above the national median ($115,456). There are 7 new car dealers operations in ZIP 08050.
Area Profile
27,599
Population
$115,456
Median Income
+55% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 46.6 —
older demographic, may prefer sit-down options.
College-Educated: 29.5% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 08050.
7
New Car Dealers
Moderate — proven market
2.5 per 10K residents
8
Gas Stations
2.9 per 10K residents
What this means:
New Car Dealers are 46.7% of the relevant market in ZIP 08050 (7 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,190
2BR Fair Market Rent
$1,756
Median Gross Rent
$380 K
Median Home Value
9
Bank Branches
$1.6 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- New Car Dealers
- 7
- Related Businesses
- 8
- Bank Branches
- 9
vs. National Average
Median Income
+55% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
08092
5.8 mi
Pop: 3,182
$97,058
Walk: 10.1
08758
5.9 mi
Pop: 8,010
$103,877
08005
6.0 mi
Pop: 25,936
$92,548
Walk: 7.4
08008
6.4 mi
Pop: 6,938
$116,544
Walk: 8.7
08006
9.0 mi
Pop: 473
$104,583
08731
11.0 mi
Pop: 21,136
$93,267
Walk: 6.8
08734
11.3 mi
Pop: 8,028
$121,033
Walk: 9.4
08087
12.8 mi
Pop: 25,211
$87,449
Walk: 6.8
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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