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
Nearby Markets
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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