New Car Dealers Market: ZIP 08609
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08609 is an urban area. with a population of 13,000 and household incomes near the national median ($56,932).
Area Profile
13,000
Population
$56,932
Median Income
-24% vs. national
Urban
Area Type
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 6.6% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 08609.
3
Gas Stations
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,800
2BR Fair Market Rent
$1,218
Median Gross Rent
$97 K
Median Home Value
2
Bank Branches
$1 M deposits
Tips for Starting a Ev Vs Gas Business in New Jersey
- 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
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-24% vs. $74,580
Nearby Markets
08629
0.8 mi
Pop: 13,015
$81,367
Walk: 14.8
08608
1.8 mi
Pop: 1,118
08638
2.5 mi
Pop: 23,373
$65,650
Walk: 13.9
08610
2.8 mi
Pop: 33,387
$87,159
Walk: 15.7
08611
2.9 mi
Pop: 32,786
$50,806
Walk: 15.1
08619
3.3 mi
Pop: 23,512
$104,922
Walk: 12.3
08618
3.8 mi
Pop: 37,162
$48,179
Walk: 14.5
08648
4.4 mi
Pop: 31,142
$118,036
Walk: 12.6
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