New Car Dealers Market: ZIP 37918
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37918 is an urban area with moderate foot traffic. with a population of 45,978 and household incomes near the national median ($69,311).
Area Profile
45,978
Population
$69,311
Median Income
-7% vs. national
Urban
Area Type
11.2/20
Foot Traffic
Walkable
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 22.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37918.
18
Gas Stations
3.9 per 10K residents
4
Used Car Dealers
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
$1,102
Median Gross Rent
$240 K
Median Home Value
10
Bank Branches
$890 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
- Walkable
- Related Businesses
- 22
- Bank Branches
- 10
vs. National Average
Median Income
-7% vs. $74,580
Walkability
+0.7 pts vs. national avg
Nearby Markets
37917
3.8 mi
Pop: 25,738
$51,232
Walk: 12.9
37938
4.9 mi
Pop: 16,904
$80,868
Walk: 5.3
37912
5.7 mi
Pop: 22,009
$44,754
Walk: 9.5
37915
6.1 mi
Pop: 6,124
$22,236
Walk: 12.8
37929
6.5 mi
Pop: 0
Walk: 17.0
37902
6.5 mi
Pop: 2,308
$56,397
37916
7.2 mi
Pop: 14,771
$17,982
Walk: 15.3
37924
7.6 mi
Pop: 14,672
$73,794
Walk: 6.6
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