New Car Dealers Market: ZIP 37405
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37405 is an urban area with moderate foot traffic. with a population of 18,535 and household incomes above the national median ($77,850).
Area Profile
18,535
Population
$77,850
Median Income
+4% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 36.0 —
mixed-age market, broad menu appeal.
College-Educated: 38.4% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 37405.
10
Gas Stations
5.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,690
2BR Fair Market Rent
$1,276
Median Gross Rent
$420 K
Median Home Value
4
Bank Branches
$520 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
- Walkable
- Related Businesses
- 10
- Bank Branches
- 4
vs. National Average
Median Income
+4% vs. $74,580
Walkability
+2.4 pts vs. national avg
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