New Car Dealers Market: ZIP 22827
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22827 is an urban area with low foot traffic. with a population of 10,357 and household incomes near the national median ($67,425).
Area Profile
10,357
Population
$67,425
Median Income
-10% vs. national
Urban
Area Type
4.8/20
Foot Traffic
Very Car-Dependent
Median Age: 46.4 —
older demographic, may prefer sit-down options.
College-Educated: 10.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 22827.
3
Gas Stations
2.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,160
2BR Fair Market Rent
$850
Median Gross Rent
$240 K
Median Home Value
3
Bank Branches
$180 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
-10% vs. $74,580
Walkability
-5.7 pts vs. national avg
Nearby Markets
22840
8.9 mi
Pop: 5,231
$93,580
22849
9.2 mi
Pop: 5,291
$66,748
22935
10.2 mi
Pop: 962
$103,309
22832
10.8 mi
Pop: 952
$63,125
Walk: 4.0
22973
10.9 mi
Pop: 5,980
$73,579
Walk: 4.8
22846
12.5 mi
Pop: 1,727
$110,987
Walk: 5.4
22940
12.6 mi
Pop: 935
$93,583
Walk: 5.1
24471
12.9 mi
Pop: 1,795
$103,100
Walk: 4.9
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