New Car Dealers Market: ZIP 37920
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37920 is an urban area with low foot traffic. with a population of 43,509 and household incomes near the national median ($61,348).
Area Profile
43,509
Population
$61,348
Median Income
-18% vs. national
Urban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 22.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 37920.
13
Gas Stations
3.0 per 10K residents
6
Used Car Dealers
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,340
2BR Fair Market Rent
$1,092
Median Gross Rent
$230 K
Median Home Value
9
Bank Branches
$560 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
- 19
- Bank Branches
- 9
vs. National Average
Median Income
-18% vs. $74,580
Walkability
-3.1 pts vs. national avg
Nearby Markets
37915
5.0 mi
Pop: 6,124
$22,236
Walk: 12.8
37929
5.3 mi
Pop: 0
Walk: 17.0
37902
5.5 mi
Pop: 2,308
$56,397
37916
5.9 mi
Pop: 14,771
$17,982
Walk: 15.3
37853
6.3 mi
Pop: 3,533
$66,490
Walk: 6.5
37914
6.5 mi
Pop: 20,917
$55,933
Walk: 6.9
37917
7.3 mi
Pop: 25,738
$51,232
Walk: 12.9
37924
8.5 mi
Pop: 14,672
$73,794
Walk: 6.6
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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