New Car Dealers Market: ZIP 20770
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20770 is an urban area with moderate foot traffic. with a population of 28,181 and household incomes above the national median ($84,125).
Area Profile
28,181
Population
$84,125
Median Income
+13% vs. national
Urban
Area Type
12.6/20
Foot Traffic
Walkable
Median Age: 36.0 —
mixed-age market, broad menu appeal.
College-Educated: 29.3% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 20770.
8
Gas Stations
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,230
2BR Fair Market Rent
$1,823
Median Gross Rent
$250 K
Median Home Value
10
Bank Branches
$1.1 M 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
- 8
- Bank Branches
- 10
vs. National Average
Median Income
+13% vs. $74,580
Walkability
+2.1 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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