New Car Dealers Market: ZIP 20716
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20716 is an urban area with moderate foot traffic. with a population of 22,739 and household incomes well above the national median ($122,683). There are 6 new car dealers operations in ZIP 20716.
Area Profile
22,739
Population
$122,683
Median Income
+64% vs. national
Urban
Area Type
12.5/20
Foot Traffic
Walkable
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 35.2% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 20716.
6
New Car Dealers
Moderate — proven market
2.6 per 10K residents
3
Gas Stations
1.3 per 10K residents
What this means:
New Car Dealers are 66.7% of the relevant market in ZIP 20716 (6 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,420
2BR Fair Market Rent
$2,140
Median Gross Rent
$410 K
Median Home Value
6
Bank Branches
$910 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- New Car Dealers
- 6
- Related Businesses
- 3
- Bank Branches
- 6
vs. National Average
Median Income
+64% vs. $74,580
Walkability
+2.0 pts vs. national avg
Nearby Markets
20715
4.4 mi
Pop: 26,519
$139,962
Walk: 12.3
20721
4.9 mi
Pop: 30,342
$167,689
Walk: 8.8
20774
5.1 mi
Pop: 52,221
$128,392
Walk: 8.6
21114
6.1 mi
Pop: 25,724
$136,250
Walk: 8.1
21035
6.2 mi
Pop: 7,787
$176,597
20720
6.7 mi
Pop: 26,243
$162,976
Walk: 10.0
20769
7.9 mi
Pop: 7,061
$170,117
Walk: 7.6
21140
9.0 mi
Pop: 4,231
$152,188
Walk: 8.3
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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