New Car Dealers Market: ZIP 08638
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08638 is an urban area with moderate foot traffic. with a population of 23,373 and household incomes near the national median ($65,650). There are 4 new car dealers operations in ZIP 08638.
Area Profile
23,373
Population
$65,650
Median Income
-12% vs. national
Urban
Area Type
13.9/20
Foot Traffic
Walkable
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 20.6% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 08638.
4
New Car Dealers
Low competition — room to establish
1.7 per 10K residents
4
Gas Stations
1.7 per 10K residents
3
Used Car Dealers
1.3 per 10K residents
What this means:
New Car Dealers are 36.4% of the relevant market in ZIP 08638 (4 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,980
2BR Fair Market Rent
$1,499
Median Gross Rent
$230 K
Median Home Value
5
Bank Branches
$720 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- New Car Dealers
- 4
- Related Businesses
- 7
- Bank Branches
- 5
vs. National Average
Median Income
-12% vs. $74,580
Walkability
+3.4 pts vs. national avg
Nearby Markets
08618
1.9 mi
Pop: 37,162
$48,179
Walk: 14.5
08608
2.4 mi
Pop: 1,118
08609
2.5 mi
Pop: 13,000
$56,932
08629
3.2 mi
Pop: 13,015
$81,367
Walk: 14.8
08648
3.8 mi
Pop: 31,142
$118,036
Walk: 12.6
08628
4.5 mi
Pop: 9,479
$101,075
Walk: 9.8
08619
4.7 mi
Pop: 23,512
$104,922
Walk: 12.3
08611
5.1 mi
Pop: 32,786
$50,806
Walk: 15.1
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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