New Car Dealers Market: ZIP 37803
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37803 is an urban area with low foot traffic. with a population of 33,822 and household incomes above the national median ($81,006).
Area Profile
33,822
Population
$81,006
Median Income
+9% vs. national
Urban
Area Type
4.7/20
Foot Traffic
Very Car-Dependent
Median Age: 46.3 —
older demographic, may prefer sit-down options.
College-Educated: 24.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37803.
5
Gas Stations
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,480
2BR Fair Market Rent
$1,107
Median Gross Rent
$310 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
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 5
vs. National Average
Median Income
+9% vs. $74,580
Walkability
-5.8 pts vs. national avg
Nearby Markets
37878
4.4 mi
Pop: 709
$57,738
37801
6.9 mi
Pop: 27,271
$70,814
Walk: 3.9
37701
9.0 mi
Pop: 9,608
$63,202
Walk: 8.3
37804
10.9 mi
Pop: 27,423
$75,794
Walk: 7.9
37737
11.8 mi
Pop: 6,576
$80,377
37882
11.8 mi
Pop: 2,800
$61,875
Walk: 3.8
37777
12.2 mi
Pop: 13,101
$74,357
Walk: 6.3
37853
13.1 mi
Pop: 3,533
$66,490
Walk: 6.5
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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