New Car Dealers Market: ZIP 22031
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22031 is an urban area with moderate foot traffic. with a population of 36,586 and household incomes well above the national median ($129,743). There are 3 new car dealers operations in ZIP 22031.
Area Profile
36,586
Population
$129,743
Median Income
+74% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 51.7% —
strong appetite for artisan/specialty food.
Competition
New Car Dealers and related businesses in ZIP 22031.
3
New Car Dealers
Low competition — room to establish
0.8 per 10K residents
3
Gas Stations
0.8 per 10K residents
3
Used Car Dealers
0.8 per 10K residents
What this means:
New Car Dealers are 33.3% of the relevant market in ZIP 22031 (3 vs. 6 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,690
2BR Fair Market Rent
$2,267
Median Gross Rent
$710 K
Median Home Value
12
Bank Branches
$1.6 M deposits
Tips for Starting a Ev Vs Gas Business in Virginia
- 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 $129,743. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- New Car Dealers
- 3
- Related Businesses
- 6
- Bank Branches
- 12
vs. National Average
Median Income
+74% vs. $74,580
Walkability
+2.6 pts vs. national avg
Nearby Markets
22180
2.5 mi
Pop: 26,506
$181,467
Walk: 14.0
22032
3.5 mi
Pop: 29,172
$175,913
Walk: 12.1
22027
3.6 mi
Pop: 1,781
$250,001
22003
3.7 mi
Pop: 58,154
$134,109
Walk: 12.7
22181
3.8 mi
Pop: 15,529
$212,156
Walk: 11.4
22042
4.6 mi
Pop: 34,631
$135,578
Walk: 13.1
22015
5.2 mi
Pop: 44,730
$166,016
Walk: 12.3
22151
5.2 mi
Pop: 17,376
$160,187
Walk: 12.3
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