New Car Dealers Market: ZIP 37914
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37914 is an urban area with low foot traffic. with a population of 20,917 and household incomes near the national median ($55,933).
Area Profile
20,917
Population
$55,933
Median Income
-25% vs. national
Urban
Area Type
6.9/20
Foot Traffic
Car-Dependent
Median Age: 41.3 —
older demographic, may prefer sit-down options.
College-Educated: 16.9% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37914.
14
Gas Stations
6.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,440
2BR Fair Market Rent
$988
Median Gross Rent
$200 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
- Car-Dependent
- Related Businesses
- 14
- Bank Branches
- 2
vs. National Average
Median Income
-25% vs. $74,580
Walkability
-3.6 pts vs. national avg
Nearby Markets
37924
3.2 mi
Pop: 14,672
$73,794
Walk: 6.6
37920
6.5 mi
Pop: 43,509
$61,348
Walk: 7.4
37915
7.3 mi
Pop: 6,124
$22,236
Walk: 12.8
37917
8.2 mi
Pop: 25,738
$51,232
Walk: 12.9
37929
8.4 mi
Pop: 0
Walk: 17.0
37806
8.4 mi
Pop: 3,011
$56,076
37902
8.7 mi
Pop: 2,308
$56,397
37871
9.0 mi
Pop: 8,548
$73,102
Walk: 4.5
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