New Car Dealers Market: ZIP 38008
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38008 is an rural area with low foot traffic. with a population of 9,351 and household incomes below the national median ($43,827).
Area Profile
9,351
Population
$43,827
Median Income
-41% vs. national
Rural
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 8.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 38008.
4
Gas Stations
4.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$841
Median Gross Rent
$120 K
Median Home Value
6
Bank Branches
$350 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.
- Median income sits at $43,827. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 6
vs. National Average
Median Income
-41% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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