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New Car Dealers Market: ZIP 22640

Opportunity Score

44 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 22640 is an urban area. with a population of 499 and household incomes above the national median ($99,708).

499

Population

$99,708

Median Income

+34% vs. national

Urban

Area Type

Median Age: 33.7 — mixed-age market, broad menu appeal.

College-Educated: 14.6% — value-focused market, keep prices competitive.

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

$1,310

2BR Fair Market Rent

$1,635

Median Gross Rent

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.