New Car Dealers Market: ZIP 37020
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37020 is an suburban area. with a population of 5,171 and household incomes above the national median ($81,025).
Area Profile
5,171
Population
$81,025
Median Income
+9% vs. national
Suburban
Area Type
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 20.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,364
Median Gross Rent
$300 K
Median Home Value
Tips for Starting a Ev Vs Gas Business in Tennessee
- 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
- Suburban
vs. National Average
Median Income
+9% vs. $74,580
Nearby Markets
37037
6.1 mi
Pop: 9,786
$111,458
37127
11.4 mi
Pop: 22,029
$85,947
Walk: 4.4
37180
11.6 mi
Pop: 3,831
$88,581
Walk: 4.1
37183
12.2 mi
Pop: 3,211
$71,597
Walk: 6.7
37128
12.5 mi
Pop: 77,016
$89,069
Walk: 6.4
37160
13.4 mi
Pop: 36,422
$58,899
Walk: 6.2
37018
13.5 mi
Pop: 2,459
$61,523
37153
13.6 mi
Pop: 4,894
$90,625
Walk: 4.1
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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