New Car Dealers Market: ZIP 28409
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28409 is an urban area with low foot traffic. with a population of 35,013 and household incomes well above the national median ($108,241).
Area Profile
35,013
Population
$108,241
Median Income
+45% vs. national
Urban
Area Type
6.7/20
Foot Traffic
Car-Dependent
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 36.3% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 28409.
3
Gas Stations
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,840
2BR Fair Market Rent
$1,445
Median Gross Rent
$380 K
Median Home Value
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.
- The median income here is $108,241. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+45% vs. $74,580
Walkability
-3.8 pts vs. national avg
Nearby Markets
28412
4.3 mi
Pop: 42,452
$67,396
Walk: 11.0
28403
5.1 mi
Pop: 40,292
$50,988
Walk: 11.7
28480
6.1 mi
Pop: 2,727
$165,682
Walk: 7.4
28405
7.9 mi
Pop: 35,159
$67,809
Walk: 13.6
28428
8.3 mi
Pop: 7,034
$87,670
Walk: 10.6
28479
11.3 mi
Pop: 6,971
$77,708
Walk: 4.6
28411
11.4 mi
Pop: 37,303
$94,200
Walk: 8.5
28401
12.4 mi
Pop: 21,820
$52,159
Walk: 15.6
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