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Home ZIP 38060

New Car Dealers Market: ZIP 38060

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38060 is an urban area. with a population of 12,360 and household incomes above the national median ($84,277).

Area Profile

12,360
Population
$84,277
Median Income
+13% vs. national
Urban
Area Type
Median Age: 42.5 — older demographic, may prefer sit-down options.
College-Educated: 21.7% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 38060.

3
Gas Stations
2.4 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,670
2BR Fair Market Rent
$1,478
Median Gross Rent
$290 K
Median Home Value
6
Bank Branches
$300 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits