New Car Dealers Market: ZIP 21723
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21723 is an urban area. with a population of 587 and household incomes well above the national median ($250,001).
Area Profile
587
Population
$250,001
Median Income
+235% vs. national
Urban
Area Type
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 64.9% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,490
2BR Fair Market Rent
$910 K
Median Home Value
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
vs. National Average
Median Income
+235% vs. $74,580
Nearby Markets
21794
3.3 mi
Pop: 2,326
$223,833
Walk: 6.0
21738
3.8 mi
Pop: 3,668
$230,429
21797
4.6 mi
Pop: 8,772
$185,435
Walk: 5.9
21784
5.4 mi
Pop: 37,813
$141,228
Walk: 6.7
21737
5.8 mi
Pop: 2,384
$250,001
Walk: 6.8
21104
6.3 mi
Pop: 5,786
$199,803
21036
6.5 mi
Pop: 2,162
$170,313
Walk: 7.2
21042
8.3 mi
Pop: 43,021
$190,504
Walk: 8.2
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