New Car Dealers Market: ZIP 37187
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37187 is an urban area with low foot traffic. with a population of 8,382 and household incomes near the national median ($71,049).
Area Profile
8,382
Population
$71,049
Median Income
-5% vs. national
Urban
Area Type
5.1/20
Foot Traffic
Very Car-Dependent
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 14.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37187.
4
Gas Stations
4.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$952
Median Gross Rent
$280 K
Median Home Value
2
Bank Branches
$87 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
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
-5% vs. $74,580
Walkability
-5.4 pts vs. national avg
Nearby Markets
37082
6.6 mi
Pop: 5,564
$95,301
37036
7.6 mi
Pop: 6,653
$72,277
37029
8.5 mi
Pop: 6,737
$91,571
37062
11.5 mi
Pop: 13,165
$87,598
Walk: 5.8
37143
11.9 mi
Pop: 4,149
$93,212
Walk: 5.0
37015
12.9 mi
Pop: 19,547
$74,848
Walk: 7.0
37025
15.3 mi
Pop: 6,321
$80,462
37209
16.4 mi
Pop: 38,367
$75,810
Walk: 11.9
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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