New Car Dealers Market: ZIP 23605
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23605 is an urban area with moderate foot traffic. with a population of 13,334 and household incomes near the national median ($52,899).
Area Profile
13,334
Population
$52,899
Median Income
-29% vs. national
Urban
Area Type
13.0/20
Foot Traffic
Walkable
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 11.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 23605.
6
Used Car Dealers
4.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,430
2BR Fair Market Rent
$1,187
Median Gross Rent
$180 K
Median Home Value
1
Bank Branches
$57 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
- Walkable
- Related Businesses
- 6
- Bank Branches
- 1
vs. National Average
Median Income
-29% vs. $74,580
Walkability
+2.5 pts vs. national avg
Nearby Markets
23601
3.3 mi
Pop: 26,557
$71,345
Walk: 12.7
23666
3.3 mi
Pop: 53,226
$70,798
Walk: 11.1
23607
3.4 mi
Pop: 23,028
$42,904
Walk: 13.0
23661
4.8 mi
Pop: 14,141
$66,760
Walk: 13.2
23606
6.4 mi
Pop: 29,899
$69,921
Walk: 11.1
23681
6.5 mi
Pop: 0
Walk: 7.5
23668
6.8 mi
Pop: 752
23665
6.9 mi
Pop: 6,071
$74,974
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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