New Car Dealers Market: ZIP 10703
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10703 is an urban area with moderate foot traffic. with a population of 22,135 and household incomes above the national median ($74,940).
Area Profile
22,135
Population
$74,940
Median Income
+0% vs. national
Urban
Area Type
13.6/20
Foot Traffic
Walkable
Median Age: 42.6 —
older demographic, may prefer sit-down options.
College-Educated: 18.3% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 10703.
3
Gas Stations
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,240
2BR Fair Market Rent
$1,702
Median Gross Rent
$480 K
Median Home Value
3
Bank Branches
$510 K deposits
Tips for Starting a Ev Vs Gas Business in New York
- 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
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
+0% vs. $74,580
Walkability
+3.1 pts vs. national avg
Nearby Markets
10701
0.7 mi
Pop: 70,054
$63,310
Walk: 14.0
10706
2.4 mi
Pop: 9,119
$177,031
Walk: 12.1
07620
2.6 mi
Pop: 1,503
$250,001
Walk: 7.2
10710
2.6 mi
Pop: 25,684
$100,783
Walk: 13.7
10705
2.7 mi
Pop: 40,390
$68,616
Walk: 13.9
10704
2.9 mi
Pop: 31,844
$110,097
Walk: 14.0
10522
3.8 mi
Pop: 11,464
$167,927
Walk: 13.6
10708
3.8 mi
Pop: 21,946
$121,107
Walk: 14.4
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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