New Car Dealers Market: ZIP 37347
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37347 is an urban area. with a population of 8,555 and household incomes near the national median ($57,854).
Area Profile
8,555
Population
$57,854
Median Income
-22% vs. national
Urban
Area Type
Median Age: 39.1 —
mixed-age market, broad menu appeal.
College-Educated: 13.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37347.
6
Gas Stations
7.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
$798
Median Gross Rent
$140 K
Median Home Value
4
Bank Branches
$310 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
- 4
vs. National Average
Median Income
-22% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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