EVGasCompare
Showing results for ZIP 55417 (MN)
Home ZIP 22903

New Car Dealers Market: ZIP 22903

Opportunity Score
68 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 22903 is an urban area with moderate foot traffic. with a population of 39,925 and household incomes near the national median ($64,352).

Area Profile

39,925
Population
$64,352
Median Income
-14% vs. national
Urban
Area Type
12.5/20
Foot Traffic
Walkable
Median Age: 28.3 — young market, strong street food demand.
College-Educated: 37.3% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 22903.

4
Gas Stations
1.0 per 10K residents

Operating Costs

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

$1,720
2BR Fair Market Rent
$1,479
Median Gross Rent
$510 K
Median Home Value
11
Bank Branches
$2.1 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.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Related Businesses
4
Bank Branches
11

vs. National Average

Median Income
-14% vs. $74,580
Walkability
+2.0 pts vs. national avg

Check Another Market

Or estimate costs with the EVGasCompare calculator.

Data sources

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