New Car Dealers Market: ZIP 11706
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11706 is an urban area with low foot traffic. with a population of 68,648 and household incomes well above the national median ($115,112). There are 10 new car dealers operations in ZIP 11706.
Area Profile
68,648
Population
$115,112
Median Income
+54% vs. national
Urban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 37.0 —
mixed-age market, broad menu appeal.
College-Educated: 17.6% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 11706.
10
New Car Dealers
Moderate — proven market
1.5 per 10K residents
14
Gas Stations
2.0 per 10K residents
What this means:
New Car Dealers are 41.7% of the relevant market in ZIP 11706 (10 vs. 14 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,350
2BR Fair Market Rent
$1,885
Median Gross Rent
$460 K
Median Home Value
11
Bank Branches
$1.8 M 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.
- The median income here is $115,112. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- New Car Dealers
- 10
- Related Businesses
- 14
- Bank Branches
- 11
vs. National Average
Median Income
+54% vs. $74,580
Walkability
-3.1 pts vs. national avg
Nearby Markets
11718
1.3 mi
Pop: 3,185
$203,750
Walk: 10.0
11751
2.4 mi
Pop: 13,152
$116,328
Walk: 9.5
11795
3.7 mi
Pop: 25,063
$171,068
Walk: 8.1
11730
4.2 mi
Pop: 14,376
$146,190
Walk: 7.0
11717
5.1 mi
Walk: 8.3
11739
5.3 mi
Pop: 1,191
$133,393
Walk: 8.3
11752
5.8 mi
Pop: 8,990
$148,538
Walk: 7.0
11703
5.9 mi
Pop: 17,205
$130,140
Walk: 10.1
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