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Home ZIP 37604

New Car Dealers Market: ZIP 37604

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37604 is an urban area with low foot traffic. with a population of 38,359 and household incomes below the national median ($49,351).

Area Profile

38,359
Population
$49,351
Median Income
-34% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 35.6 — mixed-age market, broad menu appeal.
College-Educated: 27.0% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 37604.

12
Gas Stations
3.1 per 10K residents
3
Used Car Dealers
0.8 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,200
2BR Fair Market Rent
$950
Median Gross Rent
$230 K
Median Home Value
21
Bank Branches
$1.8 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
Urban
Foot Traffic
Car-Dependent
Related Businesses
15
Bank Branches
21

vs. National Average

Median Income
-34% vs. $74,580
Walkability
-2.0 pts vs. national avg

Check Another Market

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits