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Home ZIP 24148

New Car Dealers Market: ZIP 24148

Opportunity Score
51 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 24148 is an suburban area with low foot traffic. with a population of 8,528 and household incomes near the national median ($54,155).

Area Profile

8,528
Population
$54,155
Median Income
-27% vs. national
Suburban
Area Type
4.9/20
Foot Traffic
Very Car-Dependent
Median Age: 45.3 — older demographic, may prefer sit-down options.
College-Educated: 11.2% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 24148.

8
Gas Stations
9.4 per 10K residents

Operating Costs

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

$850
2BR Fair Market Rent
$770
Median Gross Rent
$130 K
Median Home Value
2
Bank Branches
$150 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
Suburban
Foot Traffic
Very Car-Dependent
Related Businesses
8
Bank Branches
2

vs. National Average

Median Income
-27% vs. $74,580
Walkability
-5.6 pts vs. national avg

Check Another Market

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Data sources

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