New Car Dealers Market: ZIP 20737
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20737 is an urban area with moderate foot traffic. with a population of 24,987 and household incomes above the national median ($84,241).
Area Profile
24,987
Population
$84,241
Median Income
+13% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 32.1 —
mixed-age market, broad menu appeal.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 20737.
3
Gas Stations
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,820
2BR Fair Market Rent
$1,619
Median Gross Rent
$370 K
Median Home Value
3
Bank Branches
$350 K deposits
Tips for Starting a Ev Vs Gas Business in Maryland
- 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
+13% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
20710
1.6 mi
Pop: 9,764
$64,406
20784
1.8 mi
Pop: 32,271
$84,599
Walk: 13.3
20781
2.2 mi
Pop: 13,274
$91,037
Walk: 14.0
20742
2.9 mi
Pop: 4,324
20740
3.0 mi
Pop: 36,564
$81,359
Walk: 12.8
20770
3.1 mi
Pop: 28,181
$84,125
Walk: 12.6
20722
3.1 mi
Pop: 6,362
$85,750
Walk: 17.2
20782
3.5 mi
Pop: 34,646
$88,226
Walk: 14.4
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