New Car Dealers Market: ZIP 24501
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24501 is an urban area with high foot traffic. with a population of 26,393 and household incomes below the national median ($45,305). There are 6 new car dealers operations in ZIP 24501.
Area Profile
26,393
Population
$45,305
Median Income
-39% vs. national
Urban
Area Type
16.4/20
Foot Traffic
Very Walkable
Median Age: 29.8 —
young market, strong street food demand.
College-Educated: 15.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 24501.
6
New Car Dealers
Moderate — proven market
2.3 per 10K residents
11
Gas Stations
4.2 per 10K residents
What this means:
New Car Dealers are 35.3% of the relevant market in ZIP 24501 (6 vs. 11 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$936
Median Gross Rent
$160 K
Median Home Value
9
Bank Branches
$1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- New Car Dealers
- 6
- Related Businesses
- 11
- Bank Branches
- 9
vs. National Average
Median Income
-39% vs. $74,580
Walkability
+5.9 pts vs. national avg
Nearby Markets
24515
2.6 mi
Pop: 6,081
Walk: 14.2
24502
5.3 mi
Pop: 41,314
$66,027
Walk: 13.4
24504
6.5 mi
Pop: 9,471
$50,739
Walk: 14.7
24588
7.4 mi
Pop: 8,664
$68,869
Walk: 5.2
24572
7.9 mi
Pop: 15,515
$64,158
Walk: 7.6
24503
9.5 mi
Pop: 19,978
$92,025
Walk: 11.5
24538
11.9 mi
Pop: 4,823
$67,712
24550
12.3 mi
Pop: 7,941
$68,026
Walk: 11.1
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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