New Car Dealers Market: ZIP 21798
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21798 is an urban area with low foot traffic. with a population of 2,765 and household incomes well above the national median ($125,583).
Area Profile
2,765
Population
$125,583
Median Income
+68% vs. national
Urban
Area Type
4.9/20
Foot Traffic
Very Car-Dependent
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 24.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,260
2BR Fair Market Rent
$932
Median Gross Rent
$470 K
Median Home Value
1
Bank Branches
$120 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.
- The median income here is $125,583. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+68% vs. $74,580
Walkability
-5.6 pts vs. national avg
Nearby Markets
21757
4.6 mi
Pop: 2,810
$98,520
21793
4.8 mi
Pop: 10,914
$128,504
Walk: 7.7
21762
5.1 mi
Pop: 176
21778
5.9 mi
Pop: 840
$110,489
21701
7.0 mi
Pop: 41,340
$102,306
Walk: 14.2
21791
7.4 mi
Pop: 4,734
$90,460
Walk: 5.4
21774
8.9 mi
Pop: 16,515
$171,875
Walk: 5.4
21788
9.0 mi
Pop: 11,919
$93,717
Walk: 6.7
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