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Home ZIP 24541

New Car Dealers Market: ZIP 24541

Opportunity Score
44 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 24541 is an suburban area with low foot traffic. with a population of 28,151 and household incomes below the national median ($49,292). There are 5 new car dealers operations in ZIP 24541.

Area Profile

28,151
Population
$49,292
Median Income
-34% vs. national
Suburban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 41.1 — older demographic, may prefer sit-down options.
College-Educated: 15.2% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 24541.

5
New Car Dealers
Low competition — room to establish
1.8 per 10K residents
15
Gas Stations
5.3 per 10K residents
5
Used Car Dealers
1.8 per 10K residents
What this means: New Car Dealers are 20.0% of the relevant market in ZIP 24541 (5 vs. 20 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$920
2BR Fair Market Rent
$818
Median Gross Rent
$130 K
Median Home Value
9
Bank Branches
$1 M deposits

Quick Facts

Area Type
Suburban
Foot Traffic
Car-Dependent
New Car Dealers
5
Related Businesses
20
Bank Branches
9

vs. National Average

Median Income
-34% vs. $74,580
Walkability
-3.5 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