New Car Dealers Market: ZIP 37874
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37874 is an rural area with low foot traffic. with a population of 16,640 and household incomes near the national median ($52,912).
Area Profile
16,640
Population
$52,912
Median Income
-29% vs. national
Rural
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 10.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37874.
9
Gas Stations
5.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$635
Median Gross Rent
$170 K
Median Home Value
6
Bank Branches
$300 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 6
vs. National Average
Median Income
-29% vs. $74,580
Walkability
-5.3 pts vs. national avg
Nearby Markets
37846
5.9 mi
Pop: 4,177
$71,147
Walk: 4.0
37826
9.6 mi
Pop: 3,493
$63,922
37354
9.8 mi
Pop: 17,421
$53,547
37774
11.3 mi
Pop: 20,989
$83,724
Walk: 5.9
37329
14.2 mi
Pop: 6,491
$64,900
Walk: 5.8
37880
15.7 mi
Pop: 3,934
$61,858
Walk: 3.9
37303
16.6 mi
Pop: 25,226
$60,874
Walk: 8.4
37742
19.9 mi
Pop: 7,568
$87,516
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