New Car Dealers Market: ZIP 21227
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21227 is an urban area with moderate foot traffic. with a population of 35,695 and household incomes above the national median ($83,620).
Area Profile
35,695
Population
$83,620
Median Income
+12% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 36.1 —
mixed-age market, broad menu appeal.
College-Educated: 18.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 21227.
9
Gas Stations
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$1,347
Median Gross Rent
$270 K
Median Home Value
4
Bank Branches
$340 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
- 9
- Bank Branches
- 4
vs. National Average
Median Income
+12% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
21090
2.3 mi
Pop: 10,033
$124,688
Walk: 10.4
21250
2.4 mi
Pop: 3,001
Walk: 11.4
21229
3.2 mi
Pop: 44,687
$55,457
Walk: 12.8
21223
3.5 mi
Pop: 19,793
$41,828
Walk: 14.5
21230
4.1 mi
Pop: 33,509
$94,164
Walk: 15.5
21225
4.5 mi
Pop: 34,469
$50,069
Walk: 13.5
21240
4.5 mi
Pop: 0
Walk: 8.7
21216
4.9 mi
Pop: 27,296
$46,440
Walk: 13.0
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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