New Car Dealers Market: ZIP 24122
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24122 is an urban area. with a population of 1,421 and household incomes near the national median ($65,238).
Area Profile
1,421
Population
$65,238
Median Income
-13% vs. national
Urban
Area Type
Median Age: 52.0 —
older demographic, may prefer sit-down options.
College-Educated: 14.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,060
2BR Fair Market Rent
$190 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
-13% vs. $74,580
Nearby Markets
24174
5.7 mi
Pop: 2,335
$55,344
24064
6.4 mi
Pop: 5,226
$78,295
Walk: 3.8
24066
7.6 mi
Pop: 5,234
$62,536
24179
12.1 mi
Pop: 18,834
$69,461
Walk: 7.9
24523
13.0 mi
Pop: 21,447
$70,074
Walk: 4.9
24095
14.3 mi
Pop: 3,426
$83,881
24077
15.5 mi
Pop: 1,098
$89,926
24090
15.8 mi
Pop: 4,612
$88,125
Walk: 4.5
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