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Home ZIP 24401

New Car Dealers Market: ZIP 24401

Opportunity Score
54 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 24401 is an urban area with low foot traffic. with a population of 37,720 and household incomes near the national median ($63,746). There are 9 new car dealers operations in ZIP 24401.

Area Profile

37,720
Population
$63,746
Median Income
-15% vs. national
Urban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 44.6 — older demographic, may prefer sit-down options.
College-Educated: 23.7% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 24401.

9
New Car Dealers
Moderate — proven market
2.4 per 10K residents
13
Gas Stations
3.4 per 10K residents
5
Used Car Dealers
1.3 per 10K residents
What this means: New Car Dealers are 33.3% of the relevant market in ZIP 24401 (9 vs. 18 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,300
2BR Fair Market Rent
$1,002
Median Gross Rent
$250 K
Median Home Value
14
Bank Branches
$950 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
New Car Dealers
9
Related Businesses
18
Bank Branches
14

vs. National Average

Median Income
-15% vs. $74,580
Walkability
-1.7 pts vs. national avg

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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