New Car Dealers Market: ZIP 37771
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37771 is an urban area. with a population of 17,829 and household incomes near the national median ($62,338).
Area Profile
17,829
Population
$62,338
Median Income
-16% vs. national
Urban
Area Type
Median Age: 41.1 —
older demographic, may prefer sit-down options.
College-Educated: 13.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37771.
10
Gas Stations
5.6 per 10K residents
6
Used Car Dealers
3.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
$946
Median Gross Rent
$240 K
Median Home Value
3
Bank Branches
$400 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
- Related Businesses
- 16
- Bank Branches
- 3
vs. National Average
Median Income
-16% vs. $74,580
Nearby Markets
37772
7.8 mi
Pop: 14,164
$95,164
Walk: 5.8
37774
8.1 mi
Pop: 20,989
$83,724
Walk: 5.9
37830
9.0 mi
Pop: 32,519
$70,795
Walk: 5.6
37934
9.8 mi
Pop: 28,237
$135,472
Walk: 7.9
37932
9.8 mi
Pop: 23,330
$109,900
Walk: 6.3
37763
11.9 mi
Pop: 16,394
$77,039
Walk: 6.4
37737
14.5 mi
Pop: 6,576
$80,377
37742
14.7 mi
Pop: 7,568
$87,516
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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