New Car Dealers Market: ZIP 22840
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22840 is an urban area. with a population of 5,231 and household incomes above the national median ($93,580).
Area Profile
5,231
Population
$93,580
Median Income
+25% vs. national
Urban
Area Type
Median Age: 46.6 —
older demographic, may prefer sit-down options.
College-Educated: 33.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,980
2BR Fair Market Rent
$1,536
Median Gross Rent
$360 K
Median Home Value
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
vs. National Average
Median Income
+25% vs. $74,580
Nearby Markets
22846
3.6 mi
Pop: 1,727
$110,987
Walk: 5.4
22832
4.6 mi
Pop: 952
$63,125
Walk: 4.0
24471
6.1 mi
Pop: 1,795
$103,100
Walk: 4.9
22827
8.9 mi
Pop: 10,357
$67,425
Walk: 4.8
22807
9.1 mi
Pop: 5,520
Walk: 14.7
22801
9.5 mi
Pop: 39,870
$70,779
Walk: 14.2
22802
10.8 mi
Pop: 29,370
$62,116
Walk: 14.9
22841
10.8 mi
Pop: 3,001
$75,978
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