New Car Dealers Market: ZIP 20906
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20906 is an urban area with moderate foot traffic. with a population of 71,216 and household incomes above the national median ($92,964).
Area Profile
71,216
Population
$92,964
Median Income
+25% vs. national
Urban
Area Type
11.5/20
Foot Traffic
Walkable
Median Age: 40.0 —
older demographic, may prefer sit-down options.
College-Educated: 29.6% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 20906.
5
Gas Stations
0.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,190
2BR Fair Market Rent
$1,945
Median Gross Rent
$440 K
Median Home Value
13
Bank Branches
$1.8 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
- 5
- Bank Branches
- 13
vs. National Average
Median Income
+25% vs. $74,580
Walkability
+1.0 pts vs. national avg
Nearby Markets
20853
2.9 mi
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$157,168
Walk: 12.2
20902
3.1 mi
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$111,408
Walk: 13.4
20895
4.4 mi
Pop: 19,042
$169,527
Walk: 14.9
20896
4.5 mi
Pop: 890
$250,001
Walk: 12.9
20860
4.6 mi
Pop: 2,062
Walk: 14.9
20851
4.6 mi
Pop: 14,660
$113,951
Walk: 13.5
20832
4.6 mi
Pop: 25,766
$166,892
Walk: 13.6
20905
4.9 mi
Pop: 18,268
$155,023
Walk: 9.6
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