New Car Dealers Market: ZIP 23885
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23885 is an urban area with low foot traffic. with a population of 2,859 and household incomes above the national median ($98,295).
Area Profile
2,859
Population
$98,295
Median Income
+32% vs. national
Urban
Area Type
4.5/20
Foot Traffic
Very Car-Dependent
Median Age: 48.7 —
older demographic, may prefer sit-down options.
College-Educated: 19.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,400
2BR Fair Market Rent
$832
Median Gross Rent
$270 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
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+32% vs. $74,580
Walkability
-6.0 pts vs. national avg
Nearby Markets
23833
7.0 mi
Pop: 2,284
$95,931
23803
7.5 mi
Pop: 41,794
$55,820
Walk: 7.6
23841
8.2 mi
Pop: 2,938
$68,487
23838
10.5 mi
Pop: 17,213
$130,376
Walk: 5.2
23840
11.1 mi
Pop: 1,593
$72,061
23850
11.8 mi
Pop: 984
$80,809
Walk: 4.6
23805
12.7 mi
Pop: 21,385
$65,811
Walk: 7.6
23834
14.1 mi
Pop: 26,752
$82,314
Walk: 6.9
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