New Car Dealers Market: ZIP 24527
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24527 is an suburban area. with a population of 3,190 and household incomes near the national median ($62,807).
Area Profile
3,190
Population
$62,807
Median Income
-16% vs. national
Suburban
Area Type
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 7.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 24527.
3
Used Car Dealers
9.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$960
2BR Fair Market Rent
$893
Median Gross Rent
$140 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
- Suburban
- Related Businesses
- 3
vs. National Average
Median Income
-16% vs. $74,580
Nearby Markets
24566
6.4 mi
Pop: 1,350
$63,617
Walk: 2.9
24540
8.8 mi
Pop: 31,491
$47,207
Walk: 7.3
24531
9.8 mi
Pop: 9,107
$46,706
Walk: 6.4
24586
9.9 mi
Pop: 4,140
$54,318
Walk: 4.4
24549
11.1 mi
Pop: 4,117
$54,819
Walk: 3.7
24594
12.8 mi
Pop: 1,585
$41,462
24565
13.6 mi
Pop: 1,059
$43,462
24541
15.3 mi
Pop: 28,151
$49,292
Walk: 7.0
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