New Car Dealers Market: ZIP 37034
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37034 is an urban area. with a population of 8,596 and household incomes above the national median ($84,906).
Area Profile
8,596
Population
$84,906
Median Income
+14% vs. national
Urban
Area Type
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 12.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37034.
6
Gas Stations
7.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,370
2BR Fair Market Rent
$1,307
Median Gross Rent
$310 K
Median Home Value
2
Bank Branches
$180 K deposits
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
- Urban
- Related Businesses
- 6
- Bank Branches
- 2
vs. National Average
Median Income
+14% vs. $74,580
Nearby Markets
37180
8.3 mi
Pop: 3,831
$88,581
Walk: 4.1
37060
8.8 mi
Pop: 3,574
$101,466
37046
10.0 mi
Pop: 6,632
$162,712
37091
11.4 mi
Pop: 23,991
$61,887
Walk: 7.7
37153
13.0 mi
Pop: 4,894
$90,625
Walk: 4.1
37174
15.1 mi
Pop: 50,778
$98,775
37128
19.0 mi
Pop: 77,016
$89,069
Walk: 6.4
37160
19.1 mi
Pop: 36,422
$58,899
Walk: 6.2
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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