New Car Dealers Market: ZIP 37848
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37848 is an urban area. with a population of 94 and household incomes above the national median ($93,661).
Area Profile
94
Population
$93,661
Median Income
+26% vs. national
Urban
Area Type
Median Age: 48.2 —
older demographic, may prefer sit-down options.
College-Educated: 17.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
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
vs. National Average
Median Income
+26% vs. $74,580
Nearby Markets
37709
5.0 mi
Pop: 3,948
$61,509
37779
5.6 mi
Pop: 3,443
$51,159
37888
9.5 mi
Pop: 3,385
$50,443
Walk: 2.8
37807
10.1 mi
Pop: 11,476
$62,040
Walk: 7.0
37806
11.0 mi
Pop: 3,011
$56,076
37861
11.6 mi
Pop: 8,578
$53,797
Walk: 3.9
37721
11.8 mi
Pop: 14,649
$64,674
37825
12.3 mi
Pop: 8,583
$51,573
Walk: 4.1
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