EVGasCompare
Showing results for ZIP 39058 (MS)
Home ZIP 37887

New Car Dealers Market: ZIP 37887

Opportunity Score
48 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37887 is an urban area with low foot traffic. with a population of 6,652 and household incomes near the national median ($56,375).

Area Profile

6,652
Population
$56,375
Median Income
-24% vs. national
Urban
Area Type
3.5/20
Foot Traffic
Very Car-Dependent
Median Age: 42.2 — older demographic, may prefer sit-down options.
College-Educated: 6.7% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 37887.

5
Gas Stations
7.5 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$910
2BR Fair Market Rent
$682
Median Gross Rent
$150 K
Median Home Value
2
Bank Branches
$150 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
5
Bank Branches
2

vs. National Average

Median Income
-24% vs. $74,580
Walkability
-7.0 pts vs. national avg

Check Another Market

Or estimate costs with the EVGasCompare calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits