New Car Dealers Market: ZIP 38037
Opportunity Score
28
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38037 is an rural area. with a population of 1,556 and household incomes below the national median ($45,948).
Area Profile
1,556
Population
$45,948
Median Income
-38% vs. national
Rural
Area Type
Median Age: 41.1 —
older demographic, may prefer sit-down options.
College-Educated: 8.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$900
2BR Fair Market Rent
$595
Median Gross Rent
$89 K
Median Home Value
1
Bank Branches
$36 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
vs. National Average
Median Income
-38% vs. $74,580
Nearby Markets
38040
8.1 mi
Pop: 4,689
$52,119
Walk: 5.2
38050
11.9 mi
Pop: 425
$63,224
Walk: 3.5
38034
14.0 mi
Pop: 3,366
$48,875
Walk: 4.5
38070
14.3 mi
Pop: 88
$58,667
Walk: 2.2
38012
15.7 mi
Pop: 13,079
$41,485
Walk: 6.2
38021
15.7 mi
Pop: 7
38063
16.3 mi
Pop: 15,947
$48,578
Walk: 4.1
38001
17.3 mi
Pop: 4,208
$49,911
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