New Car Dealers Market: ZIP 37416
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37416 is an urban area with low foot traffic. with a population of 14,089 and household incomes near the national median ($65,083).
Area Profile
14,089
Population
$65,083
Median Income
-13% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 25.4% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 37416.
10
Gas Stations
7.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,420
2BR Fair Market Rent
$1,086
Median Gross Rent
$230 K
Median Home Value
4
Bank Branches
$340 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
- Car-Dependent
- Related Businesses
- 10
- Bank Branches
- 4
vs. National Average
Median Income
-13% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
37421
4.9 mi
Pop: 52,516
$79,958
Walk: 7.3
37343
6.0 mi
Pop: 44,572
$79,177
Walk: 4.8
37406
6.4 mi
Pop: 12,867
$42,993
Walk: 12.0
37411
7.1 mi
Pop: 18,815
$50,180
Walk: 11.7
37351
7.1 mi
Pop: 295
$38,965
37363
7.2 mi
Pop: 40,830
$94,873
Walk: 3.8
37315
8.1 mi
Pop: 1,740
37412
8.5 mi
Pop: 21,840
$56,600
Walk: 8.6
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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