New Car Dealers Market: ZIP 37642
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37642 is an urban area with low foot traffic. with a population of 14,491 and household incomes near the national median ($63,963).
Area Profile
14,491
Population
$63,963
Median Income
-14% vs. national
Urban
Area Type
4.9/20
Foot Traffic
Very Car-Dependent
Median Age: 45.2 —
older demographic, may prefer sit-down options.
College-Educated: 11.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37642.
3
Gas Stations
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,110
2BR Fair Market Rent
$923
Median Gross Rent
$180 K
Median Home Value
2
Bank Branches
$83 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
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-14% vs. $74,580
Walkability
-5.6 pts vs. national avg
Nearby Markets
37645
5.0 mi
Pop: 5,504
$71,336
37873
8.0 mi
Pop: 4,446
$37,385
Walk: 3.6
37660
10.7 mi
Pop: 40,114
$46,913
Walk: 6.2
37665
11.1 mi
Pop: 5,156
$46,565
Walk: 8.1
37656
11.2 mi
Pop: 3,566
$65,731
24251
12.4 mi
Pop: 7,976
$44,990
Walk: 4.5
24290
12.8 mi
Pop: 2,276
$60,529
Walk: 5.4
24244
13.3 mi
Pop: 5,531
$37,224
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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