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Home ZIP 22602

New Car Dealers Market: ZIP 22602

Opportunity Score
65 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 22602 is an urban area. with a population of 32,176 and household incomes above the national median ($99,534). There are 5 new car dealers operations in ZIP 22602.

Area Profile

32,176
Population
$99,534
Median Income
+33% vs. national
Urban
Area Type
Median Age: 37.7 — mixed-age market, broad menu appeal.
College-Educated: 20.8% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 22602.

5
New Car Dealers
Low competition — room to establish
1.6 per 10K residents
6
Gas Stations
1.9 per 10K residents
6
Used Car Dealers
1.9 per 10K residents
What this means: New Car Dealers are 29.4% of the relevant market in ZIP 22602 (5 vs. 12 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,660
2BR Fair Market Rent
$1,367
Median Gross Rent
$350 K
Median Home Value
3
Bank Branches
$150 K deposits

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits