New Car Dealers Market: ZIP 28120
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28120 is an urban area with low foot traffic. with a population of 24,363 and household incomes above the national median ($74,809).
Area Profile
24,363
Population
$74,809
Median Income
+0% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 40.7 —
older demographic, may prefer sit-down options.
College-Educated: 23.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 28120.
4
Gas Stations
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,430
2BR Fair Market Rent
$1,179
Median Gross Rent
$270 K
Median Home Value
4
Bank Branches
$270 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
- 4
- Bank Branches
- 4
vs. National Average
Median Income
+0% vs. $74,580
Walkability
-3.0 pts vs. national avg
Nearby Markets
28164
4.3 mi
Pop: 15,991
$82,661
Walk: 5.3
28214
5.6 mi
Pop: 42,197
$83,618
Walk: 10.4
28101
6.1 mi
Pop: 1,027
$124,063
Walk: 8.8
28098
6.5 mi
Pop: 3,746
$51,879
Walk: 7.4
28006
7.2 mi
Pop: 1,311
$50,117
28032
7.5 mi
Pop: 3,222
$74,085
28012
8.1 mi
Pop: 26,519
$81,057
Walk: 10.9
28216
9.5 mi
Pop: 54,052
$64,977
Walk: 10.8
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