New Car Dealers Market: ZIP 24740
Opportunity Score
46
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24740 is an suburban area with low foot traffic. with a population of 16,559 and household incomes below the national median ($46,272). There are 5 new car dealers operations in ZIP 24740.
Area Profile
16,559
Population
$46,272
Median Income
-38% vs. national
Suburban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 15.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 24740.
5
New Car Dealers
Low competition — room to establish
3.0 per 10K residents
11
Gas Stations
6.6 per 10K residents
What this means:
New Car Dealers are 31.3% of the relevant market in ZIP 24740 (5 vs. 11 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$850
2BR Fair Market Rent
$831
Median Gross Rent
$130 K
Median Home Value
8
Bank Branches
$900 K deposits
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Car-Dependent
- New Car Dealers
- 5
- Related Businesses
- 11
- Bank Branches
- 8
vs. National Average
Median Income
-38% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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