New Car Dealers Market: ZIP 20854
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20854 is an urban area with moderate foot traffic. with a population of 49,694 and household incomes well above the national median ($250,001).
Area Profile
49,694
Population
$250,001
Median Income
+235% vs. national
Urban
Area Type
10.4/20
Foot Traffic
Walkable
Median Age: 47.6 —
older demographic, may prefer sit-down options.
College-Educated: 58.9% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 20854.
3
Gas Stations
0.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,470
2BR Fair Market Rent
$3,180
Median Gross Rent
$1.1 M
Median Home Value
19
Bank Branches
$7.6 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.
- The median income here is $250,001. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 19
vs. National Average
Median Income
+235% vs. $74,580
Walkability
-0.1 pts vs. national avg
Nearby Markets
20850
4.8 mi
Pop: 50,365
$122,691
Walk: 13.6
20817
5.4 mi
Pop: 37,738
$240,104
Walk: 12.6
22102
5.7 mi
Pop: 28,577
$153,816
Walk: 10.7
20818
5.7 mi
Pop: 1,602
$221,392
Walk: 12.5
22066
5.8 mi
Pop: 16,884
$250,001
Walk: 7.0
20878
5.9 mi
Pop: 65,236
$142,062
Walk: 10.8
20852
6.8 mi
Pop: 47,857
$121,496
Walk: 13.5
20812
7.0 mi
Pop: 314
$195,000
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