New Car Dealers Market: ZIP 27406
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27406 is an urban area with low foot traffic. with a population of 63,661 and household incomes near the national median ($56,748).
Area Profile
63,661
Population
$56,748
Median Income
-24% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 35.3 —
mixed-age market, broad menu appeal.
College-Educated: 17.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 27406.
28
Gas Stations
4.4 per 10K residents
10
Used Car Dealers
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$1,103
Median Gross Rent
$190 K
Median Home Value
7
Bank Branches
$430 K deposits
Tips for Starting a Ev Vs Gas Business in North Carolina
- 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
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 38
- Bank Branches
- 7
vs. National Average
Median Income
-24% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
27313
4.6 mi
Pop: 8,009
$77,929
27401
5.0 mi
Pop: 21,788
$44,524
Walk: 8.3
27411
5.4 mi
Pop: 1,649
Walk: 11.9
27412
5.7 mi
Pop: 3,150
Walk: 12.9
27403
6.1 mi
Pop: 20,675
$56,722
Walk: 12.4
27407
7.3 mi
Pop: 52,583
$59,308
Walk: 6.7
27408
8.0 mi
Pop: 16,229
$89,524
Walk: 9.7
27233
8.4 mi
Pop: 3,414
$71,446
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