New Car Dealers Market: ZIP 37110
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37110 is an suburban area with low foot traffic. with a population of 33,772 and household incomes near the national median ($53,135).
Area Profile
33,772
Population
$53,135
Median Income
-29% vs. national
Suburban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 10.3% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37110.
17
Gas Stations
5.0 per 10K residents
4
Used Car Dealers
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$767
Median Gross Rent
$180 K
Median Home Value
14
Bank Branches
$1.2 M 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
- Suburban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 21
- Bank Branches
- 14
vs. National Average
Median Income
-29% vs. $74,580
Walkability
-4.0 pts vs. national avg
Nearby Markets
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