EVGasCompare
Showing results for ZIP 38315 (TN)
Home ZIP 31513

New Car Dealers Market: ZIP 31513

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

Market Summary

ZIP 31513 is an rural area. with a population of 15,941 and household incomes below the national median ($42,977). There are 4 new car dealers operations in ZIP 31513.

Area Profile

15,941
Population
$42,977
Median Income
-42% vs. national
Rural
Area Type
Median Age: 39.8 — mixed-age market, broad menu appeal.
College-Educated: 6.2% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 31513.

4
New Car Dealers
Low competition — room to establish
2.5 per 10K residents
9
Gas Stations
5.6 per 10K residents
What this means: New Car Dealers are 30.8% of the relevant market in ZIP 31513 (4 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$910
2BR Fair Market Rent
$714
Median Gross Rent
$80 K
Median Home Value
5
Bank Branches
$440 K deposits

Tips for Starting a Ev Vs Gas Business in Georgia

  • 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.
  • Median income sits at $42,977. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Rural
New Car Dealers
4
Related Businesses
9
Bank Branches
5

vs. National Average

Median Income
-42% vs. $74,580

Check Another Market

Or estimate costs with the EVGasCompare calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits