New Car Dealers Market: ZIP 37618
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37618 is an urban area. with a population of 13,208 and household incomes near the national median ($58,413).
Area Profile
13,208
Population
$58,413
Median Income
-22% vs. national
Urban
Area Type
Median Age: 44.3 —
older demographic, may prefer sit-down options.
College-Educated: 12.2% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37618.
5
Gas Stations
3.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$880
Median Gross Rent
$170 K
Median Home Value
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
- 5
vs. National Average
Median Income
-22% vs. $74,580
Nearby Markets
37694
7.2 mi
Pop: 1,738
$60,125
Walk: 4.4
37643
8.6 mi
Pop: 33,690
$50,455
Walk: 5.7
37686
9.8 mi
Pop: 9,149
$84,894
Walk: 5.3
37620
10.0 mi
Pop: 38,330
$54,908
Walk: 5.9
24201
10.7 mi
Pop: 16,039
$43,591
Walk: 8.2
37601
11.3 mi
Pop: 38,622
$49,658
Walk: 7.8
37617
11.7 mi
Pop: 14,200
$65,069
37682
12.4 mi
Pop: 513
Walk: 5.2
Check Another Market
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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